Proceedings of the International Conference on Management, Accounting, and Economy (ICMAE 2020)

Investor Sentiment and Stock Price Movement Property Sector in Indonesia Stock Exchange

Authors
Tri Kunawangsih Purnamaningrum
Corresponding Author
Tri Kunawangsih Purnamaningrum
Available Online 15 September 2020.
DOI
https://doi.org/10.2991/aebmr.k.200915.083How to use a DOI?
Keywords
sentiment investor, behavioral finance, fundamental macroeconomic and microeconomic, property stock price
Abstract
This purpose of this research is to analyse the effect of sentiment investor (behavioural finance), fundamental macro economy and fundamental finance of corporate towards the property stock price listing in Indonesia Stock Market. Fundamental macro economy using two proxy variable are growth of PDB and interest rate. Fundamental finance of corporate also using three proxy variable are current ratio, ROE, dividend per share and index Straits Times. The data used in this research was quarterly data during period 2011-2016. The study was conducted on 17 companies the property (408 observation). The estimation method is based on pooled Ordinary Least Square regression with random effects model. The results of this study shows economic growth and interest rate had negative significant toward property stock price. Current ratio, dividend per share and straits times index had positive significant toward property stock price. ROE has negative significant. In this research sentiment investor is quasi moderating variable.
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Proceedings
International Conference on Management, Accounting, and Economy (ICMAE 2020)
Part of series
Advances in Economics, Business and Management Research
Publication Date
15 September 2020
ISBN
978-94-6239-053-9
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.200915.083How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Tri Kunawangsih Purnamaningrum
PY  - 2020
DA  - 2020/09/15
TI  - Investor Sentiment and Stock Price Movement Property Sector in Indonesia Stock Exchange
BT  - International Conference on Management, Accounting, and Economy (ICMAE 2020)
PB  - Atlantis Press
SP  - 366
EP  - 368
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200915.083
DO  - https://doi.org/10.2991/aebmr.k.200915.083
ID  - Purnamaningrum2020
ER  -