ANALISIS FAKTOR MAKRO YANG MEMPENGARUHI INDEKS HARGA SAHAM GABUNGAN DI BURSA EFEK INDONESIA

Abstract

The existence of capital markets have an important role for the economy of a country because the capital markets as a means for companies to obtain funds from investors (investors). These funds can be used for business development, expansion, increase working capital and others, in addition to the capital markets a means for people to invest in financial instruments such as stocks, bonds, mutual funds, and others. Thus, the public can put its own funds in accordance with the characteristics of the benefits and risks of each instrument. This study aims to determine whether macro factors such as inflation and interest rate of Bank Indonesia (SBI) affect Composite Stock Price Index at the Indonesian Stock Exchange, so that potential investors can take informed decision when going to invest in the stock market. The research data were used adalalah secondary data, the method of data collection methods of documentation, the method of data analysis using multiple linear regression analysis. The results showed that simultaneous partial and variable levels of inflation and SBI significant effect on the Indonesia Stock Exchange Composite Index for the period from December 2009 to July 2014.

Keywords: IHSG, Inflation Rate and Interest Rate of Bank Indonesia