THE RECONSTRUCTION OF MONEY SUPPLY AND OIL PRICE TOWARD IDX COMPOSITE AND COMPOSITE TRADE VOLUME IN INDONESIA STOCK EXCHANGE
Journal Title: Academic Research International - Year 2018, Vol 9, Issue 3
Abstract
This research aims to reconstruct and to analyze the direct and indirect effect of money supply, oil price toward IDX Composite and composite trade volume in Indonesia Stock Exchange. This study is explorative or associative research with hypothesis testing. It is conducted in Indonesia Stock Exchange of Statistic Center using its secondary data. The population research is money supply, oil price, and IDX Composite and composite trading volume. The sample used is monthly data taken in serial time during July 2005 to December 2015. This research analysis uses Path Analysis method. The Path Analysis result shows that the money supply and oil price have direct and significant effect toward IDX Composite while the money supply, oil price and IDX Composite have direct and significant effect toward composite trading volume. The next result shows that the IDX Composite significantly mediates the indirect effect of the money supply and oil price toward the composite trade volume.
Authors and Affiliations
Maria Widyastuti, Lusy Lusy, Y. Budi Hermanto, Lilik Indrawati
Keywords
Related Articles
- EP ID EP609241
- DOI -
- Views 115
- Downloads 0
EFFECTIVENESS OF EDUCATIONAL MANAGEMENT ON IMPROVEMENT OF STUDENT ACADEMIC ACHIEVEMENTS IN FACULTY OF PSYCHOLOGY UNIVERSITY OF HANG TUAH SURABAYA
The purpose of this study is to determine the effectiveness of management education, which involves the effectiveness of the variables of lecturer quality, quantity of lecturers, the quality of students, facilities and s...
ENHANCING AND ASSESSING STUDENT TEACHERS' CREATIVITY USING BRAINSTORMING ACTIVITIES AND ICT-BASED MORPHOLOGICAL ANALYSIS METHOD
Creativity is often known as a characteristic that a person possesses, a product or outcome that is regarded as original, and a process by which an unusual, novel or suitable outcome or so...
Legal Protection for Farmer Who Posses state Land on Agricultural Crop Business Use: A Case Study in Sumberklampok Village-Bali
In the perspective of social status, farmer lays in the lowest position, but in the perspective of development farmer regard as the basis of state economy. In develop countries; equality between each aspect is synergic a...
EFFECT OF BLADE TYPES ON THE BLENDING EFFICIENCY AND MILK CONSISTENCY OF A GRAINS DRINK PROCESSING MACHINE
The effect of blades type on blending efficiency and consistency of drinks produced from a grains drink processing machine developed at the Agricultural and Bio resources Engineering Department of the Federal Univers...
STRESS ANALYSIS OF CONICAL SHELL
This paper studies the dynamic stresses and deformation of stiffened conical shell and compared between the steady state and transient analysis. The same conical shells used in static analysis of conical shell were tak...