PENGARUH KINERJA KEUANGAN, TINGKAT SUKU BUNGA DAN KURS NILAI TUKAR TERHADAP HARGA SAHAM

Abstract

This research aimed to examine the effect of financial performance of interest rates and exchange rates on stock
price. While, financial performance was referred to Return On Asset (ROA) and Earning Per Share (EPS).
Moreover, the population was basic industry and chemistry manufacturing companies which were listed on
Indonesia Stock Exchange during 2014-2018. Furthermore, the data collection technique used purposive
sampling. In line with, there were 18 basic industry and chemistry manufacturing companies as sample, with 90
observation. Additionally, the data analysis technique used multiple linear regression. According to the research
result, it concluded Earning Per Share had positive effect on stock price. It meant, the higher the Earning Per
Share of companies, the higher the stock price was. On the other hand, Return On Assets, Interest Rates and
Exchange Rates did not affect stock price. In other words, higher or lower Return On Assets, Interest Rates and
Exchange Rates could not determine stock price either increase or decrease.
Keywords: KK, TSB, KNT, HS