PENGARUH BURSA SAHAM GLOBAL, ASEAN DAN HARGA KOMODITAS TERHADAP IHSG, DAN NILAI TUKAR EUR/USD

COVER JAM Vol.25, No.2 Ags 2014 PENGARUH BURSA SAHAM GLOBAL

Jurnal Akuntansi dan Manajemen

Volume 25, No.2, Agustus 2014

ISSN: 0853-1269

 

Dionysia Kowanda

Sugiharti Binastuti

Rowland Bismark Fernando Pasaribu

Marina Ellim

 

Globalization has made whole stock markets integrated. Another investment’s instruments e.g. commodity and forex have shown a link among stock market, commodity market, and forex market. This research aim’s to indicate link among world stock market and commodity market on domestic stock market and forex market. By using multiple regression, this paper found that DJIA and STI has a positive and significant effect on IHSG. On the other hand, Nikkei, SSECC, and Crude Oil has a negative significant effect on IHSG. While, FTSE, Crude Oil, and Gold implicate EUR/USD significant negatively. The others, SSEC and Nikkei are positive significant. This conclude that there is a significant relation among stock market, commodity market, and forex market among this world.

Keywords: IHSG, EUR/USD, Commodity, Stock Indexes, Forex.

JEL Classification: G14, G18

JAM Vol.25, No.2 Ags 2014 PENGARUH BURSA SAHAM GLOBAL, ASEAN DAN HARGA KOMODITAS TERHADAP IHSG, DAN NILAI TUKAR EUR-USD

  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: