The Influence of Macroeconomic Variables on Three ASEAN Share Price Index
| Main Author: | Tjandrasa, Benny Budiawan |
|---|---|
| Format: | Proceeding PeerReviewed Book |
| Terbitan: |
, 2015
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| Subjects: | |
| Online Access: |
http://repository.maranatha.edu/13132/1/The%20Influence%20of%20Macroeconomic%20Variables.pdf http://repository.maranatha.edu/13132/ |
Daftar Isi:
- One of the indicators of the economy of a country is the stock price index. Various studies examining the influence variables such as inflation, interest rates and the exchange rate of the stock price index have a different conclusion. This paper investigates the effect of inflation, interest rates, exchange rate, per capita income, and Hang Seng index to stock price index in three ASEAN countries such as JCI (Indonesia), KLSE (Malaysia), and STI (Singapore) from 1997 to 2012. The results of this study indicate a number of variables affecting the stock price index in those countries, but there is variable that do not affect due to the distortions in the economy region.