AnalysisofDeterminantsofStockTransactionVolume and its Effect on the IDX Composite in IDX2010-2020Period

AnalysisofDeterminantsofStockTransactionVolume and its Effect on the IDX Composite in IDX2010-2020Period

MoneySupply,Dollar Exchange Rate, YuanExchangeRate,ShanghaiCompositeIndex(SSE CompositeIndex),IDX compositeandTransactionVolume

This study analyzes the impact of cash supply, dollar exchange rate, yuanexchange rate, Shanghai composite index (SSE composite index) on the IDX compositewithtransactionvolumeasamediatingvariable(CaseStudyonCompaniesListedontheIndonesia Stock Exchange in 2010 -2020). The review was led utilizing 121 examplescomprising of month to month information for all factors from 2010 to 2020. Theinformation handling strategy utilized various straight relapse investigation procedures.The outcomesshowedthattosomeextentcashsupply,dollar exchange rate,SSEcomposite index had a critical constructive outcome on the IDX composite. To somedegree, just the yuan exchange rate has no huge impact on the IDX composite. At thesametime,cashsupply,dollarexchangerate,yuanexchangerateandtheSSEcompositeindexsimultaneouslyaffectedtheIDXcomposite.ThecashsupplyandtheSSEcomposite index record have a critical constructive outcome on transaction volume. Tosomeextent,exchangerateandyuanexchangeratehavenocriticalimpactontransactionvolume. The cash supply, exchange rate, yuan exchange rate and SSE composite indexsimultaneously significantly affect on transaction volume. Simultaneously, cash supply,exchangerate,yuanexchangerate andSSEcompositeindexsignificantlyaffecttheIDXcompositewith exchangevolumeas aninterceding variable.

M.NoorSalim1,JuniraSiregar2

https://dinastipub.org/DIJEFA/article/view/1107/749

Mercu Buana Universiti

15 January 2022

M. Noor Salim1

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English

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