The Effect of Inflation, Interest Rates and Exchange Rates on Stock Prices of Manufacturing Companies in Basic and Chemical Industrial Sectors on the Indonesia Stock Exchange (IDX)

International Journal of Business, Management & Economics Research Pub Date : 2020-10-06 DOI:10.47747/ijbmer.v1i1.49

Jefry Jefry, Abid Djazuli

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引用次数: 13

Abstract

This study examines the effect of inflation, interest rates and exchange rates on stocks in basic industrial sector and chemical manufacturing companies on the Indonesia Stock Exchange (BEI). The study period is 2013 to 2017. An ordinary least square (OLS) is employed. The results show that (1) There is a significant effect of inflation, interest rates and exchange rates on stocks. together with the Basic Industry and Chemical Sector Manufacturing companies on the Indonesia Stock Exchange (IDX); (2) There is a significant influence of inflation on shares in manufacturing companies in the Basic Industry and Chemical Sector on the Indonesia Stock Exchange (BEI); (3) There is no significant effect of interest rates on stocks in basic industrial sector and chemical manufacturing companies on the Indonesia Stock Exchange (BEI); (4) There is no significant effect of Exchange Rates on Shares in Basic Industry and Chemical Manufacturing companies on the Indonesia Stock Exchange (IDX).

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通货膨胀、利率和汇率对印尼证券交易所基础和化学工业部门制造公司股价的影响(IDX)

本研究考察了通货膨胀、利率和汇率对印尼证券交易所(BEI)基础工业部门和化学制造公司股票的影响。研究时间为2013年至2017年。采用普通最小二乘(OLS)。结果表明:(1)通货膨胀、利率和汇率对股票有显著的影响。与印度尼西亚证券交易所(IDX)的基础工业和化学部门制造公司一起;(2)通货膨胀对印尼证券交易所(BEI)基础工业和化工行业制造业公司的股票有显著影响;(3)利率对印尼证券交易所(BEI)基础工业板块和化工制造公司股票的影响不显著;(4)汇率对印尼证券交易所(IDX)基础工业和化学制造公司的股票没有显著影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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International Journal of Business, Management & Economics Research

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