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Cesilia Hong, Nurainun Bangun
Faculty of Economics and Business, Tarumanagara University Jakarta
Economics, Econometrics & Finance

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Pengaruh COVID-19, Nilai Kurs dan Efek Bulan Ramadan terhadap Pengembalian Pasar Saham Cesilia Hong, Nurainun Bangun
Jurnal Ekonomi Vol. 26 No. 11 (2021): SPESIAL ISSUE November 2021
Publisher : Fakultas Ekonom dan Bisnis, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/je.v26i11.789

Abstract

This study aims to examine the effect of COVID-19, exchange rate and Ramadan month effect on stock market returns in consumer goods industry firm listed on the Indonesia Stock Exchange (IDX) in 2020. The sampling method used in this study is purposive sampling with predetermined criteria. The result of this study shows that COVID-19 that is proxied by daily death case, exchange rate and Ramadan month effect have no effect on stock market returns. COVID-19 that is proxied by daily recovered case have positive effect on stock market returns.
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