Financial Market Performance Affected by the Covid-19 Case: Study on Indonesian Composite Stock Index

DOI

10.2991/aebmr.k.211124.025How to use a DOI?

Keywords

Capital market performance; Covid-19; Composite stock index

Abstract

By evaluating Indonesia’s composite stock index during the Covid-19 pandemic, this paper aims to assess the capital market’s performance in Indonesia (IHSG). To begin with, the first study was undertaken by comparing the composite stock index before and after the announcement of the first case of Covid-19 in Indonesia. Afterwards, a research was carried out on how the Covid-19 case had an impact on the composite stock index’s performance. After conducting testing, it has been determined that the stock index has changed significantly after the Covid-19 case was made public. It is also recognized that the Covid-19 case has a detrimental impact on the Indonesian stock market’s stock index. It is predicted that the findings of this study would be used in the future by investors and potential investors as a factor when making investment decisions in times of extreme volatility. As a result, the company will be able to avoid losses and maximize stock return.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - I Gd Nandra Hary Wiguna
AU  - Nyoman Ayu Wulan Trisna Dewi
AU  - I Nyoman Putra Yasa
PY  - 2021
DA  - 2021/11/25
TI  - Financial Market Performance Affected by the Covid-19 Case: Study on Indonesian Composite Stock Index
BT  - Proceedings of the 6th International Conference on Tourism, Economics, Accounting, Management, and Social Science (TEAMS 2021)
PB  - Atlantis Press
SP  - 165
EP  - 172
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.211124.025
DO  - 10.2991/aebmr.k.211124.025
ID  - Wiguna2021
ER  -