PENGARUH HARI LIBUR AGAMA ISLAM TERHADAP ABNORMAL RETURN DAN TRADING VOLUME ACTIVITY (Studi Empiris pada Perusahaan yang Terdaftar di Bursa Saham Syariah Malaysia dan Indonesia Tahun 2013-2017)
| Main Authors: | Syahputri, Selli Ramadhanti, Husaini, Husaini |
|---|---|
| Format: | Thesis NonPeerReviewed Archive |
| Bahasa: | eng |
| Terbitan: |
, 2019
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| Subjects: | |
| Online Access: |
http://repository.unib.ac.id/19648/1/SKRIPSI%20SELLI%20RAMADHANTI%20SYAHPUTRI%20%28C1C015097%29-converted.pdf http://repository.unib.ac.id/19648/ |
Daftar Isi:
- This study aims to know the effect of Islamic holidays to abnormal return and trading volume activity at Jakarta Islamic Index (JII) by taking 14 companies and FTSE Bursa Malaysia EMAS Shariah Index (FBMS) by taking 9 companies. The observation periode is 2013-2017. The method used by this research is event study. The research periode consisting of 5 days before the event and 5 days after the event (window), and 10 days before window and 10 days after window. While the instrument used for research is one sample non parametric test to know the reaction of stock market and paired sample t-test to find out if there are any differences between average abnormal return and average trading volume activity in window period and out of window period. The result showed there is an reaction of the Islamic Holiday to abnormal return and trading volume activity in Indonesian and Malaysia. Next, the result showed that there is no significant differences among average abnormal return and average trading volume activity in window period and out of window period.