PENGARUH FUNDAMENTAL MIKRO DAN MAKRO TERHADAP HARGA SAHAM

Abstract

This research is aimed to find out the influence of micro and macro fundamental to the stock price in mining
Sector Companies. Micro fundamental in this research has been done by using earning per share, price earnings
ratio, return on equity and dividend per share. Meanwhile, macro fundamental is proxy by inflation and
interest rates. The population is all mining sector companies which are listed in Indonesia Stock Exchange in
2011-2015 periods based on the predetermined criteria. The sample collection technique has been done by using
purposive sampling. The analysis method has been carried out by using multiple linear regressions. The result
of this research shows that the variables of micro fundamental which consists of earning per share, price
earnings ratio and dividend per share is proved to give influence the stock price of the mining sector companies,
meanwhile the return on equity is not proven to give any influence to the stock price. And macro fundamental
variable which consists of inflation and interest rate is not proven to give any influence to the stock price of the
mining sector companies.
Keywords: Financial Performance, Inflation, Interest Rates, Stock Price.