Jurnal Ekonomi
Vol. 26 No. 11 (2021): SPESIAL ISSUE November 2021

Pengaruh COVID-19, Nilai Kurs dan Efek Bulan Ramadan terhadap Pengembalian Pasar Saham

Cesilia Hong, Nurainun Bangun (Faculty of Economics and Business, Tarumanagara University Jakarta)



Article Info

Publish Date
08 Sep 2022

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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Journal Info

Abbrev

EJE

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi [p-ISSN 0854-9842 : e-ISSN 2580-4901] is a peer-reviewed journal published three times a year (March, July, and November) by Faculty of Economics, Universitas Tarumanagara. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of research on ...