International Journal of Economics Development Research (IJEDR)
Vol. 5 No. 3 (2024): International Journal of Economics Development Research (IJEDR)

How Macroeconomic and Fundamental Factors Influence Stock Prices of Major Banks in Indonesia ?

Cendrawati, Vinda (Unknown)
Bachtiar, Arief (Unknown)



Article Info

Publish Date
04 Oct 2024

Abstract

This study investigates the relationship between global macroeconomic variables and fundamental factors with the stock price performance of the banking sector in Indonesia. It is motivated by the significant impact of recent economic changes, particularly in the aftermath of the COVID-19 pandemic. Utilizing quantitative research methods, panel data regression analysis is employed to analyze the influence of various independent variables, including US inflation, Federal Reserve Rate, Indonesian inflation, BI Rate, Net Interest Margin, and Return on Equity, on the stock prices of the KBMI 4 banking sector. The research data, collected from secondary sources such as BPS, Otoritas Jasa Keuangan, Bank Indonesia, Bloomberg, and Investing.com, spans from 2013 to 2023. The findings aim to provide valuable insights for investors, analysts, and policymakers in understanding and responding to global economic challenges and making informed investment decisions.

Copyrights © 2024






Journal Info

Abbrev

ijedr

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

IJEDR focuses on economics, innovation, and investment. Dedicated to enhancing economics development a country, regional and the world in general. IJEDR invites papers on Economics field (Economic growth, Monetary and fiscal policy effect, Innovation practices, Innovation impact, Corporate finance, ...