eCo-Fin
Vol. 6 No. 1 (2024): eCo-Fin

ANALISIS KOINTEGRASI FAKTOR MAKRO EKONOMI INDEKS FTSE PADA BURSA EFEK INDONESIA PERIODE 2017-2022

Vivin Hanitha (Universitas Buddhi Dharma)
Tri Angreni (Universitas Buddhi Dharma)
Hendra Hendra (Universitas Buddhi Dharma)
Georgius Listens (Universitas Buddhi Dharma)
Adrian Hidayat (Universitas Buddhi Dharma)

Article Info

Publish Date
10 Feb 2024

Abstract

This research was explain about analyzing and knowing the development of the global exchange stock price FTSE index by analyzing to the Indonesia’s Stock Exchange (BEI) and to determine cointegration between FTSE 100, data Inflation, USD/IDR exchange Rates, and Interest Rate. Combined to IHSG. Data collection method was data from 5 years starting from 2017 to 2022 on a monthly basis. The sampling method is nonprobability sampling with a sampling technique, namely purposive sampling. The analysis was carried out using the Johansen Cointegration Test and VECM test which processed by Eviews 10 software. Results showed no significancy short-term relationship between FTSE 100, Inflation, USD/IDR Exchange Rates, Interest Rate and Composite Stock Price Index (IHSG ). But, on the other side have a significant long-term relationship between them.

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Journal Info
eCo-Fin
Website

Abbrev

ef

Publisher

Komunitas Dosen Indonesia

Subject

Economics, Econometrics & Finance

Description

Focusing on the development of economics, especially finance & accounting, both scientific and practical reviews, is expected to be a scientific medium for the creation of integration between theoretical studies and practical studies for the development of economics in various social aspects. ...