ANALISIS PERUBAHAN HARGA SAHAM SEBELUM DAN SESUDAH KENAIKAN HARGA BBM Tanggal 24 MEI 2008 TERHADAP ABNORMAL RETURN DAN TRADING VOLUME ACTIVITY (Studi Empiris Pada Perusahaan LQ-45 yang Listing di BEI)
| Main Author: | Wati, Dian Eka |
|---|---|
| Format: | Thesis NonPeerReviewed Book |
| Bahasa: | eng |
| Terbitan: |
, 2008
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| Subjects: | |
| Online Access: |
http://eprints.umm.ac.id/6993/1/ANALISIS_PERUBAHAN_HARGA_SAHAM_SEBELUM_DAN_SESUDAHKENAIKAN_HARGA_BBM_Tanggal_24_MEI_2008_TERHADAPABNORMAL_RETURN_DAN_TRADING_VOLUME_ACTIVITY.pdf http://eprints.umm.ac.id/6993/ |
Daftar Isi:
- This research aim to find out stock market reaction which was given empirical prove of the abnormal return significance and trading volume activity from the market caused by increasing of Crude Oil price in May 24th 2008 at LQ-45 organization listed in Indonesian Stock Exchange. Used to be datas to be obtained by taking and collecting document of companies inside LQ-45 listed in Indonesian Stock Exchange. The Document collected was the increasing of Crude Oil price announcement. Daily stock Trading transaction volume, spreading stock from May to June 2008. The datas was analysed by t-test method. The calculation by using t-test showed that there was no significant abnormal return in window period. That was 7 days before and 7 days after the increasing of Crude Oil price announcement. It means that market didn’treact to the Crude Oil price increasing publication. The writer proved that there was abnormal return significance from the market to the crude oil price increasing announcment. Ther was significant change trading volume activity in 14 days. It indicated that the market reacted to the crude oil increasing. Ther could be concluded that crude oil price increasing has significant effect to the market. The market considered that published crude oil price increasing has benefit information for investment. Acccording to the conclusion, the writer suggest that :: investor should pay attention to the crude oil price increasing announcement before investment. The investor took took benefit from the publication. For emitent, the annountcement gave benefit since it increased the stock price. The research showed that market or investor gave significant reaction to the crude oil increasing price publication.