PENGARUH NILAI TUKAR RUPIAH, TINGKAT SUKU BUNGA SBI, INFLASI DAN VOLUME TRANSAKSI PERDANGAN TERHADAP HARGA SAHAM PADA PERUSAHAAN SEKTOR PERBANKAN DI BURSA EFEK INDONESIA

Abstract

This study aims to examine empirically the effect of macroeconomic variables, namely: the rate of inflation, interest rate of Bank Indonesia certificates, foreign exchange, and trading volume on the index of banking shares in Indonesia Stock Exchange. The analysis technique used is multiple regression. The results found that only the exchange rates significantly affect the price index of banking shares while the rate of inflation, the SBI rate and trading volume has no effect on the index of banking shares in Indonesia Stock Exchange. This study uses only four macroeconomic variables, so that further research needs to find other macroeconomic variables are supposed to influence the index of banking shares in Indonesia Stock Exchange