Effect of World Gold Price, Crude Oil Price and Interest Rate to Jakarta Composite Index
| Main Authors: | Tjandrasa, Benny Budiawan, Sutjiati, Rosemarie |
|---|---|
| Format: | Article PeerReviewed Book |
| Terbitan: |
, 2016
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| Subjects: | |
| Online Access: |
http://repository.maranatha.edu/22864/1/Effect%20of%20World%20Gold%20Price.pdf http://repository.maranatha.edu/22864/ |
Daftar Isi:
- Jakarta Composite Index (JCI) is a measure of the health of the companies listed in Indonesia Foreign Exchange. It is important to know what variables that influence this index. Many studies have been carried out but had different results. This study aimed to confirm the variables which are the most significant effect on JCI. Some independent variables examined is world gold prices, crude oil price and interest rates. This research is quantitative research using e-view program. The hypothesis of this study is that world gold prices, crude oil prices and interest rates partially have significant effect on JCI, while simultaneously world gold prices, crude oil price and interest have significant effect to JCI. The result shows that partially only interest rate have significanteffect to JCI while simultaneously world gold price, crude oil price and interest rare have significant effect to JCI.