ANALISIS PENGARUH VARIABEL MAKRO EKONOMI TERHADAP INDEKS HARGA SAHAM LQ45

Abstract

ABSTRACT
The purpose of this research is to analyze the influence of inflation rate,
interest rate of Bank Indonesia (BI Rate), and money supply (M2) on stock price
index LQ45 period January 2015 until December 2016. The method used in this
research is multiple linear regression analysis using Statistical Product of Service
Solution (SPSS). This study shows that simultaneously or together with the inflation
rate, the interest rate of Bank Indonesia (BI Rate), and the money supply (M2) have
significant implications on the LQ45 stock price index in the period of January 2014
until December 2016. Then partial inflation rate and money supply (M2) have
significant negative implications on LQ45 stock price index. Meanwhile, the interest
rate of Bank Indonesia (BI Rate) has a significant positive implication on LQ45 stock
price index.
Keywords: LQ45 stock price index, inflation rate, Bank Indonesia rate (BI Rate), and
money supply (M2).