PENGARUH INFLASI DAN TINGKAT SUKU BUNGA TERHADAP INDEKS HARGA SAHAM GABUNGAN DI INDONESIA

Abstract

This research purpose to determine the effect of inflation and interest rate on composite stock price index as a partial and simultance. In this research used method of explanation that is to explain. The used population is the research is inflation data, interest rates data and composite stock price index data in Indonesia period 2013 until 2018. Data collection technique used is a review documents. To choose that sampel used convenience sampling that is collection of information from members of the population that are easily obtained and able to provide that information. The tabulation technique and data analysis includes financial management analysis, multiple linier regression analysis, coefficient of determination analysis and hypothesis test.

The result showed that simultaneous variabel inflation and interest rates have a significant effect on composite stock price index. In partially, variable inflation have a significant positive effect on composite stock price index mean while variable interest rates have a significant negative effect on composite stock price index.