PENGARUH INFLASI, SUKU BUNGA, NILAI TUKAR, DAN HARGA MINYAK DUNIA TERHADAP HARGA SAHAM SEKTOR ENERGI DI BURSA EFEK INDONESIA

Abstract

This research examines the influence of inflation, interest rates, exchange rates, and world oil prices on the stock prices of energy sub-sector companies listed on the Indonesia Stock Exchange for 2018-2023. The data used in this study are secondary data obtained from Bank Indonesia, BPS, and BEI, in the form of time series data. The analytical technique used is multiple linear regression. The results of this study indicate that simultaneously, the variables of inflation, interest rates, exchange rates, and world oil prices affect the stock prices of energy sub-sector companies listed on the IDX for the period 2018-2023. Partially, the results show that the variables of inflation, exchange rates, and world oil prices have a significant positive effect on the stock prices of energy sub-sector companies listed on the IDX for 2018-2023. Meanwhile, the interest rate variable does not have a significant effect on the stock prices of energy sub-sector companies listed on the IDX for the period 2018-2023.