Studi Variabel Makroekonomi dan Pengaruhnya terhadap Indeks Harga Saham Sektor Properti dan Real Estate di Bursa Efek Indonesia

Lisa Uswatun Hasanah; Haryadi Haryadi; Emilia Emilia

doi:10.53867/jea.v1i2.21

Authors

Lisa Uswatun Hasanah Prodi Ekonomi Pembangunan Fakultas Ekonomi dan Bisnis Universitas Jambi
Haryadi Haryadi Prodi Ekonomi Pembangunan Fakultas Ekonomi dan Bisnis Universitas Jambi
Emilia Emilia Prodi Ekonomi Pembangunan Fakultas Ekonomi dan Bisnis Universitas Jambi

DOI:

https://doi.org/10.53867/jea.v1i2.21

Keywords:

exchange rates, GDP growth, inflation, interest rate

Abstract

This research intends to analyze the effect of inflation, exchange rates, interest rate, and GDP growth on the property and real estate sector composite index in the Indonesia Stock Exchange. This research applies secondary data annual period 2000-2018sourced from the Central Agency on statistics, Bank Indonesia (Indonesian Economic and Financial Statistics and reports on the Indonesian economy), the Indonesia Stock Exchange (IDX) (IDX statistics), and other institutions related to research. The analysis is based on the Ordinary Least Square (OLS) method. The results showed that the independent variables simultaneously significantly affect the composite index of the property and real estate sector. In partial inflation, exchange rate and interest rate significantly impacted the composite index movement of the property and real estate sector. At the same time, GDP growth had no significant effect on the composite index of the property and real estate sector.

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