PENGARUH INFLASI, KURS, KEBIJAKAN MONETER, DAN PDB TERHADAP HARGA SAHAM SEKTOR PERBANKAN YANG TERDAFTAR DI BEI

Abstract

This research aimed to examine the effect of inflation, exchange rate, monetary policy, and GDP
against stock price in the banking sector listed on The Indonesia stock exchange (IDX) in 2016-2020.
This research used the quantitative method. Meanwhile, the research population used conventional
banking companies listed on Indonesia stock exchange (IDX). Moreover, the research data sources
used secondary data obtained through online publication data by the central statistics agency (BPS),
Indonesia stock exchange (IDX), bank of Indonesia (BI), investment gallery of Indonesia stock
exchange (GIBEI) STIESIA. In addition, the sample collection technique of this research used the
purposive sampling method, it obtained 10 research samples. On the other hand, the research
analysis used multiple linear regression analysis with SPSS program 25 version. The research result
concluded that inflation had a positive but insignificant effect on the stock price, the exchange rates
had a negative and significant effect on the stock price, meanwhile, BI7DRR had a positive but
insignificant effect on the stock price and PDB had a negative and significant effect on the stock price.