The Effect of World Oil Prices, Silver Prices, Exchange Rates, Dow Jones Industrial Average, on the SRI Kehati Index on the Indonesia Stock Exchange for the period January 2021–December 2021

VIVIN HANITHA; Marselia Purnama; Octavianti Purnama

doi:10.32877/eb.v5i2.370

Authors

^{(
1
)}

^{(
2
)}

^{(
3
)}

DOI:

https://doi.org/10.32877/eb.v5i2.370

Keywords:

World Oil Prices, Silver Prices, Exchange Rates, Dow Jones Industrial Average Index, SRI Kehati Index

Abstract

Currently, awareness of the importance of environmental sustainability is a trend that is carried out by many countries in the world with the term Go Green. Awareness of Importance protecting the environment is currently supported by the publication of public policies related to this matter. So that the SRI Kehati Index was formed in 2009.

This study focuses on the object of research the influence of world oil prices, silver prices, USD exchange rate, the Dow Jones Industrial Index on the SRI Kehati Stock Price Index in the period January 2021 to December 2021, and obtained a total of 247 data. The method chosen for this research is the Ordinary Least Square method with classical assumption test, f test, t test, multiple linear regression analysis, and coefficient of determination test. The test results conclude that partially oil prices, silver prices, the Dow Jones index and the USD exchange rate have a significant influence. Simultaneously. Oil prices, silver prices, the Dow Jones index and the USD exchange rate were tested together against the Y variable, namely the SRI Kehati Index. With adjusted results 0.424210 or 42.42% while the rest is shown in the variables not examined in this study.

Downloads

Download data is not yet available.

References

Baur, D. G. . & L. B. M. (2010). Is gold a hedge or a safe haven? An analysis of stocks, bonds and gold. Financial Review. 45(2), 217–229.

Ghozali, I., & Ratmono, D. (2017). Analisis Multivariat dan Ekonometrika. In Universitas Diponegoro. Badan Penerbit Universitas Diponogoro.

Hanitha, V. (2020). The Effect of Excellent Services and Corporate Images to Customer Satisfaction on Financial Banking Sectors. ECo-Buss, 2(3), 44–57. https://doi.org/10.32877/eb.v2i3.138

Hanitha, V., Purnama, M., & Purnama, O. (2021). The Effect Of Additive Covid19 Positive Cases And World Gold Prices On The Joint Share Price Index In Indonesia Stock Exchange. Primanomics, 19(3), 1–15.

Hanitha, V., Purnama, M., Purnama, O., Widiyanto, G., & Angreni, T. (2021). Pengelolaan Manajemen Pemasaran ( E-Commerce ) UMKM RW15 Kampung Sejahtera Mandiri Teras Pancasila Tangerang. 1(1), 13–17.

Hermawan, T. W. P. (2020). Analisis Pengaruh Inflasi, Nilai Tukar Rupiah, Bi Rate, Jumlahuang Beredar, Dan Indeks Shanghai Stock Exchange Terhadap Indeks SRI KEHATI Di Bursa Efek Indonesia Periode 2014-2019. Jurnal Ilmu Manajemen, 8(4).

Indonesia Investments. (2016). Minyak Bumi.

Melyani, I. E. M. A. (2021). Pengaruh Inflasi, Suku Bunga, Dan Nilai Tukar Terhadap Indeks Harga Saham Gabungan Periode 2016 – 2018. Jurnal Ilmiah Manajemen Dan Bisnis, 6(1).

Nurcholis Maarif. (2021). Indeks Kualitas Lingkungan Hidup Indonesia di 2020 Naik 3,72.

Padliansyah, R., Juliana, A., & Hasiara, L. O. (2020). Hubungan Interaktif Antara Harga Logam Mulia dan Jakarta Islamic Stock Index. Moneter - Jurnal Akuntansi Dan Keuangan, 7(1), 37–47. https://doi.org/10.31294/moneter.v7i1.7268

Purnama, Marcelina, & Hanitha, V. (2021). Effect of Gold Price, Nickel Price, Used Exchange, Dow Jones Industrial Average, and FTSE Malaysia KLCI on Sharia Share Price Index (Sharia Ida) on The Indonesia Stock ExchangeIn the Period of January 2020 - December 2020. E-Co Buss, 4(1), 159–175.

Purnama, Marselia. (2021). Analysis of Factors Affecting Firm Value in Property , Real Estate and Building Construction Companies Listed on the Indonesia Stock Exchange for the 2014-2018 Period. 2, 1–14.

Purnama, Marselia, Purnama, O., & Hanitha, V. (2021). Pengaruh Harga Emas, Harga Minyak, Kurs Tengah Bank Indonesia, dan Suku Bunga Acuan Bank Indonesia Terhadap Indeks Harga Saham Gabungan (IHSG) di Bursa Efek Indonesia Pada Periode Juli 2020 - Desember 2020. E-Co Buss, 3(3).

Team Money+. (2021). Kenali Kelebihan dan Kekurangan Investasi Perak.

Utama, O. Y., & Puryandani, S. (2020). The Effect of BI Rate, USD to IDR Exchange Rates, and Gold Price on Stock Returns Listed in the SRI KEHATI Index. Jurnal Dinamika Manajemen, 11(1), 39–47. https://doi.org/10.15294/jdm.v11i1.21207

V. Wiratna Sujarweni. (2019). Metodologi Penelitian BISNIS DAN EKONOMI. Pustaka Baru Press.

Wibowo, F. A. R. R. K. (2016). Analisis Pengaruh Tingkat Inflasi, Suku Bunga Sbi, Nilai Tukar Us Dollar Pada Rupiah, Jumlah Uang Beredar, Indeks Dow Jones, Indeks Nikkei 225, Dan Indeks Hangseng Terhadap Pergerakan Indeks Harga Saham Gabungan (Ihsg) Periode Tahun 2010-2014. Journal Of Accounting, 2(2).