eprintid: 38897
rev_number: 10
eprint_status: archive
userid: 12259
dir: disk0/00/03/88/97
datestamp: 2020-04-09 05:58:44
lastmod: 2020-04-09 05:58:44
status_changed: 2020-04-09 05:58:44
type: thesis
metadata_visibility: show
creators_name: RANDI SAPUTRA, NIM. 16830010
title: REAKSI PASAR MODAL TERHADAP PENURUNAN SUKU BUNGA BI 2019 (STUDI KASUS PADA PERUSAHAAN YANG TERDAFTAR DI JAKARTA ISLAMIC INDEKS 70)
ispublished: pub
subjects: keu_sya
divisions: jur_keuangan_syariah
full_text_status: restricted
keywords: BI 7 Days Repo Rate, abnormal return, trading volume activity, event study
note: ABDUL QOYUM, S.E.I., M.Sc.Fin
abstract: This study aims to analyze the effect of announcements of interest rate decreases on abnormal return and trading volume activity before and after the announcement. The research period used is 5 days before the announcement and 5 days after the announcement.
This type of research is event study. The population in this study are all companies listed on the Jakarta Islamic Index (JII) 70. Determination of the estimated return using the market adjusted model. Non parametric analysis test tool used to test the hypothesis in this study is the Wilcoxon signed rank test.
The results of this study indicate that: (1) announcement of a decrease in interest rates does not affect the abnormal return, this is evidenced by the results of the Wilcoxon signed rank test with a significance level of 0.091 (0.091> 0.05) which means there is no difference in the average abnormal return which is significant between before and after the announcement of a rate cut. (2) announcement of a decrease in interest rates has no effect on trading volume activity, this is evidenced by the results of the Wilcoxon signed rank test with a significance level of 0.684 (0.684> 0.05) which means that there is no significant difference in average trading volume activity between before and after the announcement of a rate cut.
date: 2020-02-14
date_type: published
pages: 116
institution: UNIVERSITAS ISLAM NEGERI SUNAN KALIJAGA
department: Fakultas Ekonomi dan Bisnis Islam
thesis_type: skripsi
thesis_name: other
citation:   RANDI SAPUTRA, NIM. 16830010  (2020) REAKSI PASAR MODAL TERHADAP PENURUNAN SUKU BUNGA BI 2019 (STUDI KASUS PADA PERUSAHAAN YANG TERDAFTAR DI JAKARTA ISLAMIC INDEKS 70).  Skripsi thesis, UNIVERSITAS ISLAM NEGERI SUNAN KALIJAGA.   
document_url: https://digilib.uin-suka.ac.id/id/eprint/38897/1/16830010_BAB%20I_BAB_TERAKHIR_DAFTAR_PUSTAKA.pdf
document_url: https://digilib.uin-suka.ac.id/id/eprint/38897/2/16830010_BAB%20II_S.D_SEBELUM_BAB_TERAKHIR.pdf