Daftar Isi:
  • This study aimed to analyze and compare the effect of macroeconomic variables on stock prices of banks in Indonesia and Malaysia. Type of this research is Quantitative. Required data is secondary data quarterly macroeconomic data from each State and stock price banking sector from each Bank of the year 2015 – 2017. Technique of data analysis is the technique of regression analysis of the data panel. Results from the study showed that the average percentage of the stock price of banking ector in Indonesia by 3.58%, while the share prices of banking sector in Malaysia by 0.4%. For simultaneous testing as well as the F-count value 42.33156 ≥ 2.74 F-table it can be concluded that H_0 is rejected and H_1 is accepted, which means Exchange Rate, GDP, and inflation together - the same effect on stock price in the banking in Indonesia listed in LQ45 2015 - 2017. Then in Malaysia, F-value calculate 68.26751 ≥ 2.74 F-table it can be concluded that H_0 is rejected and H_1 is accepted, which means Exchange Rate, GDP, and inflation together - the same effect on stock price in the banking in Malaysia listed in KLCI 2015 - 2017.