Proceedings of the 2nd International Seminar on Business, Economics, Social Science and Technology (ISBEST 2019)

Analysis Stock Returns of the Automotive Sector on the Indonesia Stock Exchange

Authors
Azhar Wibawa Putra, Paulina Y. Amtiran, Marianus S. Neno
Corresponding Author
Azhar Wibawa Putra
Available Online 25 May 2020.
DOI
https://doi.org/10.2991/aebmr.k.200522.050How to use a DOI?
Keywords
automotive, Indonesia Stock Exchange, return, stocks, trade war
Abstract
As is known the impact of the trade war caused investors to tend to reconsider the funds they invested in Indonesia. The purpose of this study is to look at the effect of price wars on stock returns in the automotive sector. The method used in this research is quantitative descriptive method that explains the events that occur in the form of meaningful numbers. The population taken in this study is the automotive sector, which is listed on the Indonesia Stock Exchange. The sampling method uses purposive sampling with the criteria of automotive companies that report financial statements and are not in a financial distress during the study period, August 24 to September 13, 2018, so the number of companies that sample in this study are 10 companies out of 13 listed automotive companies. On the Indonesia Stock Exchange. The type of data used is quantitative data from automotive sector stock price data that is listed on the Indonesia Stock Exchange. The results of the study found differences in abnormal returns before the depreciation of the Rupiah against the US dollar and after the depreciation of the Rupiah against the US dollar due to the American and Chinese trade wars.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Azhar Wibawa Putra
AU  - Paulina Y. Amtiran
AU  - Marianus S. Neno
PY  - 2020
DA  - 2020/05/25
TI  - Analysis Stock Returns of the Automotive Sector on the Indonesia Stock Exchange
BT  - Proceedings of the 2nd International Seminar on Business, Economics, Social Science and Technology (ISBEST 2019)
PB  - Atlantis Press
SP  - 267
EP  - 272
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200522.050
DO  - https://doi.org/10.2991/aebmr.k.200522.050
ID  - Putra2020
ER  -