Faktor Makro Ekonomi Segi Moneter Terhadap Kinerja Indeks Saham Di Jakarta Islamic Index (JII) (Periode Januari 2010-Agustus 2015)
Abstract: Jakarta Islamic
Index (JII) is one of Indonesia’s stock index in calculating the average price
index of stocks for the type of stocks that meet the criteria of Shariah. One
of the factors that influence is macroeconomic factors. This study aims to
determine the effect of macroeconomic variables which consist of Inflation,
Exchange Rate and M2 on the Jakarta Islamic Index (JII) with the observation
period January 2010-August 2015. The data used is secondary data time series in
the form of monthly data during the observation period January 2010-August
2015. The results showed that Exchange Rate and Money Supply (M2) have
positively significant effect on the Jakarta Islamic Index (JII), whereas other
variables such as Inflation is not significantly effect on the Jakarta Islamic
Index (JII). While simultaneously the Inflation, Exchange Rate and Money Supply
significant effect on the Jakarta Islamic Index (JII).
Keywords: JII, Inflation,
Exchange Rate and M2
Penulis: Dian Ayu Wulansari,
Leo Herlambang
Kode Jurnal: jpmanajemendd161263
