Analisis Pengaruh Variabel Ekonomi Makro Terhadap Indeks Harga Saham Sektor Pertambangan Periode 2003-2012.

Abstract

Crisis in Europe and America have an impact on the Indonesian economy. In the stock market, the mining sector experienced the largest price correction during 2010-2012. This study aimed to analyze the effects of macroeconomic variables on mining stocks index. The method used is Structural Equation Modelling. There are 120 data used for this analysis. The results revealed, of the five macroeconomic variables were tested only money supply that has significant impact on mining stock index. The increase in the money supply lead to rise in the price of mining stock index.