Daftar Isi:
  • This study aims to analyze the effect of the Asian and American Regional Stock Price Index on the Indonesian Composite Stock Price Index during the period 2013-2017. The population of this study as 16 indexes of the Asian regional stock exchanges and as 3 indexes of the American regional stock exchanges and those sampled were 3 Asian regional stock price indexes and 1 American regional stock price index using purposive sampling.The data for this research are time series data from Nikkei 225 Index, STI, KLCI, DJIA and Stock Price Composite Index that consist of 60 months data during 2013-2017. The statistical method used was multiple regression analysis. The result showed that The Nikkei 225, Straits Times Index, Dow Jones Industrial Average have a positive and significant impact on the Composite Stock Price Index (IHSG), meanwhile the KLCI Index not have impact on the Composite Stock Price Index (IHSG).