PENGARUH INFLASI, SUKU BUNGA, NILAI TUKAR DAN PDB TERHADAP IHS SEKTOR PROPERTI DAN REAL ESTATE DI BEI

Abstract

This research aimed to examine the inflation level, interest and exchange rate, and gross domestic product on the stock price index of property and real estate companies.The research was quantitative. While, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with, there were 15 samples of property and Real Estate Company which were listed on Indonesia Stock Exchange 2013-2017. Furthermore, the data analysis technique used multiple linear regressions, F test, t test, and classical assumption test and determination coefficient with SPSS 25.The research result concluded the proper model test (f test) with significance level of 0,000 < 0,05 meant this research was worth taking. Meanwhile, the result of t test concluded as follow (1) inflation had negative and insignificant effect on the stock price index of property and real estate companies,(2) interest rates had negative but insignificant effect on the stock price index of property and real estate companies,(3) exchange rate had positive and significant effect on the stock price index of property and real estate companies, (4) gross domestic product had positive and significant effect on the stock price index of property and real estate companies. Keywords: inflation, interest, rates, gross, stock