Perbedaan Harga Saham dan Return Saham Indeks LQ45 Sebelum dan Setelah G20 Bali Summit

Abstract

Indonesia's G20 Bali Summit is the culmination of the G20 Presindence series. This Event Study research aims to test and analyze the differences in Stock Prices and Stock Returns during the G20 Bali Summit. Descriptive quantitative research with an observation period of 20 observation days. The research sample consists of 45 companies from the LQ45 Index. With the Paired Simple T Test test, it was found that there was no significant difference in stock prices and stock returns before and after the G20 Bali Summit moment. This is because the IDX LQ45 Low Carbon Leader index was launched which is compared to the LQ45 index as the parent index and as a form of IDX support for the main issue of the G20 Bali Summit. So that the information contained at that moment did not affect the decision of potential investors in making their investment decisions. But overall, the performance of Indonesian stocks this year is quite good. In this study, it is hoped that potential investors will consider the information used for making investment decisions.