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DOMESTIC AND FORIGN FACTORS FOR STOCK PRICES IN INDONESIA

Economic Journal of Emerging Markets

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Field Value
 
Title DOMESTIC AND FORIGN FACTORS FOR STOCK PRICES IN INDONESIA
 
Creator Putri Cipto, Rahajeng Cahyaning
Afandi, Akhsyim
 
Description Indonesia has been developing various sectors of its economy, and so it needs a huge amount of capital. Therefore, it has been putting a lot of efforts to develop its capital market. This paper analyzes the impacts of domestic and foreign factors on Indonesia stock price. Some considered domestic factors are interest rates, production index, and foreign exchange rates. Various considered foreign factors are Singapore and US stock prices. The paper uses Vector Error Correction Mechanism model to analyze the data. The estimation results suggest that all variables significantly influence Indonesia stock price, with Singapore stock price as the dominant factors.Keywords: Stock price, interest rates, exchange rates, production indexJEL classification numbers: G12, G15
 
Publisher Universitas Islam Indonesia
 
Contributor
 
Date 2011-09-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journal.uii.ac.id/index.php/JEP/article/view/2302
 
Source Economic Journal of Emerging Markets; Volume 2 Issue 2, 2010; 141-153
2502-180X
2086-3128
 
Language eng
 
Relation http://journal.uii.ac.id/index.php/JEP/article/view/2302/2100