Do Macroeconomic Factors Affect the Composite Stock Price Index?
Milka Rositi Sianipar,
Alicia Ulina Susilowati,
Ayu Bonita Sari Tumangger
et al.
Abstract:The movement of the stock market index is a barometer of economic growth, and can be used to make investment decisions. Many factors influence the movement of a stock index, particularly from the macroeconomic perspective. This study analyzes the effects of BI rate, exchange rate, and inflation on the Composite Stock Price Index (CSPI). This research is a quantitative descriptive study conducted on food and beverage companies listed on the Indonesia Stock Exchange (IDX) during the 2018-2022 period. Sixty compa… Show more
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