Proceedings of the 19th International Symposium on Management (INSYMA 2022)

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The Effect of Macroeconomic Variables on Kompas 100 Indeks on the Indonesia Stock Exchange

Authors
Pernando Simamora M1, *, Nisrul Irawati1, Chairul Muluk1
1North Sumatera University, Medan, Indonesia
*Corresponding author. Email: pernando.simamoram@gmail.com
Corresponding Author
Pernando Simamora M
Available Online 5 December 2022.
DOI
10.2991/978-94-6463-008-4_31How to use a DOI?
Keywords
macroeconomic variables; KOMPAS 100 Index; unemployment; interest rates; economic growth
Abstract

This study aims to determine the effect of macroeconomic variables, inflation, economic growth, interest rate, exchange rate, and unemployment rate on the KOMPAS 100 Index on the Indonesia Stock Exchange. The sample in this study used the KOMPAS 100 Stock Price Index data from 2015 to 2020 with monthly data. The data type used was secondary data and multiple linear regression analysis was used for data analysis. This study’s results show that macroeconomic variables: inflation, economic growth, interest rates, exchange rates, and unemployment rate significantly influence the KOMPAS 100 Index. Partially the results of this study indicate that inflation does not significantly influence the KOMPAS 100 Index. Economic growth has a positive and significant effect on the KOMPAS 100 Index. Interest rate has a negative and significant effect on the KOMPAS 100 Index. Exchange rate has a positive and significant effect on the KOMPAS 100 Index. Unemployment has a negative and insignificant influence on the KOMPAS 100 Index.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 19th International Symposium on Management (INSYMA 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
5 December 2022
ISBN
978-94-6463-008-4
ISSN
2352-5428
DOI
10.2991/978-94-6463-008-4_31How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Pernando Simamora M
AU  - Nisrul Irawati
AU  - Chairul Muluk
PY  - 2022
DA  - 2022/12/05
TI  - The Effect of Macroeconomic Variables on Kompas 100 Indeks on the Indonesia Stock Exchange
BT  - Proceedings of the 19th International Symposium on Management (INSYMA 2022)
PB  - Atlantis Press
SP  - 230
EP  - 236
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-008-4_31
DO  - 10.2991/978-94-6463-008-4_31
ID  - SimamoraM2022
ER  -