CD Tesis
Pengaruh Tingkat Suku Bunga, Nilai Tukar Rupiah Terhadap Dolar, Laju Inflasi Dan Pertumbuhan GDP Terhadap Return Saham Sektor Keuangan (Kajian Empiris BEI Pengamatan (2005-2015)
The financial sector, especially banking is one of the important sectors in the economy of Indonesia. This is evidenced by the value of banking assets that dominate the assets of other financial institutions in the stock market, and it could be said blue chip stock. Currently, an investor must be able to choose a stock that has the competence and is able to provide profit. For that, an investor is expected not only be able to choose, but they can analyze and measure the influence that can impact on changes in return, especially from macroeconomic factors. The purpose of this study is to analyze the sensitivity of interest rates, exchange rates, inflation, and GDP to stock returns of the financial sector. The sample of this research is a financial sector company registered in BEI period 2005-2015. The population in this research are all companies that go public in financial sector listed in BEI during the period of research that is January 2005 until December 2015 that is 25 (twenty five) companies selected by purposive sampling method, with observation period for 10 years. Data were analyzed by multiple regression method. The results showed that exchange rate sensitivity, and GDP had a significant effect on stock return of financial sector. Meanwhile, interest rates and inflation have no effect on stock return of financial sector.
Keywords: interest rate, exchange rate, inflation, gdp, return
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