eprintid: 56339
rev_number: 9
eprint_status: archive
userid: 12243
dir: disk0/00/05/63/39
datestamp: 2023-02-16 05:04:13
lastmod: 2023-02-16 05:49:58
status_changed: 2023-02-16 05:04:13
type: article
metadata_visibility: show
contact_email: muchti.nurhidaya@uin-suka.ac.id
creators_name: , Muhammad Al Faridho Awwal
creators_name: , Mukhammad Yazid Afandi
title: THE EFFECT OF CORONA, MINE COMMODITY PRICES, AND RUPIAH EXCHANGE RATE ON INDONESIAN ISLAMIC SHARE PRICES
IN THE MINING SECTOR
ispublished: pub
subjects: ei
subjects: eko_uang
divisions: artkl
full_text_status: public
keywords: Indeks Saham Syariah Indonesia (ISSI); Corona Pandemic; 
Commodities; Exchange Rate.
abstract: This study aims to analyze the effect of the corona pandemic, mining commodity prices and the rupiah exchange rate on Indonesian Islamic Share Prices/Indeks Saham Syariah Indonesia (ISSI) in the mining sector in 2020. The corona pandemic is represented by daily active cases that occur in Indonesia, the mining commodities used are coal, oil and gold prices world, and the exchange rate of the rupiah against the dollar. The data used is a cross-sectional type with a sample of 32 companies with an observation duration of 195 days during the 2020 period. The results show that simultaneously the independent variables significantly affect the dependent variable and partially the world coal price, world oil price, gold price. The world and the rupiah exchange rate with the exception of corona have a significant effect on mining stock prices at Indonesian Islamic share prices in 2020. This research proves that the Market anomaly theory is proven to occur in 2020 as a result of the corona pandemic, anomaly in commodity prices and exchange rates on the Indonesia Stock Exchange, especially in the Indonesian Islamic share prices mining sector which proves that the market cannot be accurately predicted if it occurs a sentiment strong enough globally to move investors both in terms of selling or buying shares that previously could not be reflected by the company's stock price.
date: 2021-07
date_type: published
publication: JEBIS: Jurnal Ekonomi dan Bisnis Islam
publisher: Universitas Airlangga
refereed: TRUE
issn: 2525-3027
official_url: https://e-journal.unair.ac.id/JEBIS
citation:   Muhammad Al Faridho Awwal and Mukhammad Yazid Afandi  (2021) THE EFFECT OF CORONA, MINE COMMODITY PRICES, AND RUPIAH EXCHANGE RATE ON INDONESIAN ISLAMIC SHARE PRICES IN THE MINING SECTOR.  JEBIS: Jurnal Ekonomi dan Bisnis Islam.   ISSN 2525-3027     
document_url: https://digilib.uin-suka.ac.id/id/eprint/56339/1/The%20effect%20of%20Corona%2C%20Mine%20Commoduty%2C%20and%20Rupiah%20Exchange%20Rate%20on%20Indonesia%20Islamic%20Share%20Prices%20in%20The%20Mining%20Sector.pdf