Analysis of Sharia Stock Prices and Trading Volume Before and After the Announcement of Covid 19

  • Ahmad Eko Saputro ISNTITUT TEKNOLOGI DAN BISNIS AHMAD DAHLAN JAKARTA
Keywords: Islamic Stock Index, Trading Volume, Covid 19

Abstract

This study analyzes the significance of the movement of sharia stocks incorporated in the Jakarta Islamic Index (JII) before and after the announcement of covid 19 in Indonesia on March 2, 2020 and analyzes the significance of trading volume on the capital market before and announced Covid 19 in Indonesia. From the analysis and discussion it can be seen that JII overcame a significant decline after the announcement of covid 19 (Sig. 2-tailed value 0,000 and a positive 1.61.84. While the trading volume increased significantly after it was announced covid 19 in Indonesia (Sig. 2- tailed amounting to 0,000 and an average of -608,745,775.0).

References

Abdalloh, I. (2018). Pasar Modal Syariah. Jakarta: Elex Media Komputindo.

Al-Awadhi, A. M., Alsaifi, K., Al-Awadhi, A., & Alhammadi, S. (2020). Death and contagious infectious diseases: Impact of the COVID-19 virus on stock market returns. Journal of Behavioral and Experimental Finance. https://doi.org/10.1016/j.jbef.2020.100326

Baker, S., Bloom, N., Davis, S., Kost, K., Sammon, M., & Viratyosin, T. (2020). The Unprecedented Stock Market Impact of COVID-19. National Bureau of Economic Research, 1–12. https://doi.org/10.3386/w26945

Dewi, C. K., & Masithoh, R. (2020). JKSE and Trading Activities Before After Covid-19. Journal of Accounting and Business Management. https://doi.org/https://doi.org/10.31293/rjabm.v4i1.4671

Liu, H., Manzoor, A., Wang, C., Zhang, L., & Manzoor, Z. (2020). The COVID-19 outbreak and affected countries stock markets response. International Journal of Environmental Research and Public Health. https://doi.org/10.3390/ijerph17082800

Nurmasari, I. (2020). Dampak Covid - 19 Terhadap Perubahan Harga Saham dan Volume Transaksi (Studi Kasus Pada PT. Ramayana Lestari Sentosa, Tbk.). JURNAL SEKURITAS, 3, 230–236.

Putri, H. T. (2020). Covid 19 dan Harga Saham Perbankan di Indonesia. Eksis: Jurnal Ilmiah Ekonomi Dan Bisnis, 11(1), 6–9. https://doi.org/10.33087/eksis.v11i1.178

Selasi, D. (2020). DAMPAK PANDEMIC DISEASE TERHADAP PERKEMBANGAN PASAR MODAL SYARIAH DI INDONESIA. Jurnal Ilmiah Indonesia, 5, 46–54.

Sujarweni, V. W. (2016). Penelitian Akuntansi SPSS. Yogyakarta: Pustaka Baru Press.
Published
2020-09-24
Abstract viewed = 1525 times
PDF downloaded = 2462 times