Proceedings of the 5th Global Conference on Business, Management and Entrepreneurship (GCBME 2020)

The Impact of Macroeconomics on Stock Market Index in Brazil

Authors
Endang Mahpudin, Reminta Lumban Batu
Corresponding Author
Endang Mahpudin
Available Online 2 September 2021.
DOI
10.2991/aebmr.k.210831.017How to use a DOI?
Keywords
Macroeconomics, Stock prices, Correlations, Brazil
Abstract

A country’s economy can develop rapidly if there are investments in various economic sectors. Investment has a role as one of the essential components of national income in promoting economic growth. One of the means of development in each country is the capital market, which has the function of monetary intermediation of the global economy. Macroeconomic indicators influence investment activities in a country because macroeconomic indicators are signals to investors in investing. This study’s object was the macroeconomic indicators, namely interest rate, exchange rate, inflation, and money supply, and their impacts on stock prices. This study used da-ta for the 2004-2018 period. The results showed that inflation, interest rate, and the exchange rate had no impact on stock prices, while money supply impacted stock prices.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 5th Global Conference on Business, Management and Entrepreneurship (GCBME 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
2 September 2021
ISBN
978-94-6239-424-7
ISSN
2352-5428
DOI
10.2991/aebmr.k.210831.017How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Endang Mahpudin
AU  - Reminta Lumban Batu
PY  - 2021
DA  - 2021/09/02
TI  - The Impact of Macroeconomics on Stock Market Index in Brazil
BT  - Proceedings of the 5th Global Conference on Business, Management and Entrepreneurship (GCBME 2020)
PB  - Atlantis Press
SP  - 77
EP  - 81
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210831.017
DO  - 10.2991/aebmr.k.210831.017
ID  - Mahpudin2021
ER  -