Skripsi
DINAMIKA PASAR SAHAM: KAJIAN NILAI TUKAR, SUKU BUNGA, DAN PRODUK DOMESTIK BRUTO TERHADAP COMPOSITE STOCK PRICE INDEX PADA NEGARA ASEAN-6.
This research investigates how exchange rates, interest rates, and GDP impact the composite stock price index in ASEAN-6 countries. Using the panel data regression method with the Fixed Effect Model (FEM), the study analyzes secondary data from the World Bank and Yahoo Finance for the 2008-2022 period. The findings reveal that exchange rates and GDP positively and significantly affect the stock index, while interest rates have a negative and significant effect. Investors and financial stakeholders in ASEAN-6 are advised to diversify their portfolios to mitigate interest rate risks and leverage positive exchange rate and GDP growth. Governments and central banks should adopt appropriate monetary policies to manage interest rates and promote sustainable economic growth. Educating investors on market influences is also essential for informed decision-making and reducing interest rate impact on portfolios.