Jakarta Composite Index, Sharia Stock Index and Rupiah Exchange Rate before and after the Indonesian Presidential Election 2014

AGUS EKO SUJIANTO, 197108072005011003 (2018) Jakarta Composite Index, Sharia Stock Index and Rupiah Exchange Rate before and after the Indonesian Presidential Election 2014. American Journal of Economics, 8 (6). pp. 254-262. ISSN 2166-4951 (p); 2166-496X (e)

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Official URL: http://article.sapub.org/10.5923.j.economics.20180...

Abstract

Stock is capital shares sign to a limited liability company. Yet, the Indonesia Composite Index was still depends on Rupiah (IDR) Exchange Rate. Rupiah Exchange Rate remains unstable in some circumstances such as presidential election. The purposes of this research were: (1) to analyze the differences of Jakarta Composite Index; (2) to analyze the differences Sharia Share Index; and (3) to analyze the difference of Rupiah Exchange Rate before and after the presidential election. The research used descriptive statistic method. It used different tests of the two paired samples average (Paired Sample T-Test) either before or after the 2014 presidential election. The conclusions are: (1) there were significant differences of Jakarta Composite Index after the presidential election. It tended to increase, contrast with the condition before the presidential election. (2) Indonesia Sharia Stock Index tended to increase after the Presidential election that all were based on closing price. (3) Indonesia Rupiah Exchange Rate tended to increase after the Presidential election that based on middle rate.

Item Type: Article
Subjects: Ekonomi > Perbankan Syariah
Divisions: Fakultas Ekonomi Dan Bisnis Islam > Perbankan Syariah
Depositing User: Dr 197108072005011003 AGUS EKO SUJIANTO
Date Deposited: 04 Dec 2018 14:57
Last Modified: 14 Dec 2018 02:52
URI: http://repo.uinsatu.ac.id/id/eprint/9871

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