The effect of gold price and NIKKEI on market return in Indonesia-Reference-Cited by-同舟云学术

The effect of gold price and NIKKEI on market return in Indonesia

Published:2023-03-09 Issue:1 Volume:2 Page:6-11
ISSN:2963-9743
Container-title:The Contrarian : Finance, Accounting, and Business Research
language:
Short-container-title:CFABR

Author:

Dengah Dea,Doda Isabela,Aslan Aslan

Abstract

The great economic growth in 2021 has a positive impact on the capital market in Indonesia. The Japanese capital market and world gold prices are important indicators of the world economy. The purpose of this study is to examine the impact of movements in returns from gold and NIKKEI on market returns in Indonesia. The sample is taken during observation period from January 2021 to December 2021. This study finds that GOLD has insignificant effect on IHSG but NIKKEI has a significant positive effect. The findings indicate that investor neutral and positively to market conditions.

Publisher

Widyantara Nawasena Raharja Foundation

Reference20 articles.

1. Adnyana, I. M., Nurwulandari, A., & Suryadi. (2022). Pengaruh harga emas dunia, STI Index, N225 Index, KS11 Index, DJI Index, terhadap IHSG dan dampaknya pada Indeks IDX30 Bursa Efek Indonesia (2012-2020). Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan, 4(7), 2733-2743. https://journal.ikopin.ac.id/index.php/fairvalue/article/view/1214

2. Ambarwati, Rahayu, D. P., & Dewi, J. P. C. (2022). Pengaruh harga emas dunia, harga minyak dunia dan nilai tukar Rupiah/Dolar Amerika terhadap indeks harga saham gabungan. Jurnal Cendekia Akuntansi, 3(2), 1-15. https://ejournal.uniska-kediri.ac.id/index.php/akuntansi/article/view/3115

3. Anggriana, R. S., & Paramita, R. S. (2020). Analisis pengaruh BI rate, kurs, inflasi, harga minyak, dan harga emas dunia terhadap indeks harga saham gabungan periode 2016-2019. Jurnal Ilmu Manajemen, 8(3), 1085-1098. DOI: 10.26740/jim.v8n3.p1085-1098

4. Bakhtiar, M. R., & Purwani, T. (2021). Dampak Indeks NIKKEI 225, Indeks Dow Jones, suku bunga FED, dan inflasi terhadap IHSG. Indicators, 3(1), 61-70. DOI: 10.47729/indicators.v3i1.88

5. Basit, A. (2020). Pengaruh harga emas dan minyak dunia terhadap Indeks Harga Saham Gabungan (IHSG) periode 2016-2019. Revenue: Jurnal Manajemen Bisnis Islam, 1(2), 95-110. DOI: 10.24042/revenue.v1i2.6073