Proceedings of the First Multidiscipline International Conference, MIC 2021, October 30 2021, Jakarta, Indonesia

Research Article

Effect of Inflation, BI Rate, and Rupiah Exchange Rate Against Stock Return Case Study on Property and Real Estate Company

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  • @INPROCEEDINGS{10.4108/eai.30-10-2021.2315841,
        author={Sutarjo Sutarjo and Wahyuni Murti and Sugiyanto Saleh},
        title={Effect of Inflation, BI Rate, and Rupiah Exchange Rate Against Stock Return Case Study on Property and Real Estate Company},
        proceedings={Proceedings of the First Multidiscipline International Conference, MIC 2021, October 30 2021, Jakarta, Indonesia},
        publisher={EAI},
        proceedings_a={MIC},
        year={2022},
        month={1},
        keywords={inflation; bi rate; rupiah exchange rate; stock return},
        doi={10.4108/eai.30-10-2021.2315841}
    }
    
  • Sutarjo Sutarjo
    Wahyuni Murti
    Sugiyanto Saleh
    Year: 2022
    Effect of Inflation, BI Rate, and Rupiah Exchange Rate Against Stock Return Case Study on Property and Real Estate Company
    MIC
    EAI
    DOI: 10.4108/eai.30-10-2021.2315841
Sutarjo Sutarjo1,*, Wahyuni Murti1, Sugiyanto Saleh1
  • 1: Universitas Borobudur, Jakarta, Indonesia
*Contact email: sutarjo@unis.ac.id

Abstract

The point of this examination is to sort out how expansion, the BI Rate, and the Rupiah Exchange Rate all influence stock returns. The accentuation of this examination is on property and land endeavors recorded on the Indonesia Stock Exchange from 2016 to 2018. On the Stock Market (IDX) website, you can get data. The Statistical Product and Service Solution was used in conjunction with a quantitative methodology. The sample is obtained by the use of purposeful sampling. According to the findings of this study with a value of Fcount 2.255 and Ftable of 2.900, Stock returns are unaffected on inflation, the BI Rate, or the Rupiah Exchange Rate. The coefficient of determination has an impact on inflation, as well as other variables. The Rupiah Exchange Rate and the BI Rate drive the 9.7% stock return, while some other variables and the predictive value parameter impact the rest.