Building: Parallel Session 3
Room: E
Date: 2020-10-27 04:15 PM – 05:30 PM
Last modified: 2020-10-19
Abstract
The Corona Virus Disease (COVID-19) pandemic has raised costs for the health system, both public and private, medical care for the infected and pandemic control, loss of work productivity, social distancing disrupts economic activities, the impact of tourism, the impact on foreign direct investment. Furthermore, apart from these impacts, COVID-19 will also affect the global economy, including the financial system and capital markets. The purpose of this study was to analyze the impact of the Corona Virus Disease (COVID-19) pandemic, whether it was positively affected or died on the capital market on the Indonesia Stock Exchange (IDX).
The sample of this research is all companies listed on the IDX for the period 2020 that trade shares on the IDX in the period from March 2, 2020 to April 22, 2020. This research data is secondary data in the form of: (1) The number of people who have been confirmed with COVID- 19 and the number of people who died due to COVID-19, which were obtained through the website http://sinta.ristekbrin.go.id/covid/datasets, and (2) the Composite Stock Price Index (IHSG) obtained from the official IDX website, namely www.idx.co.id. Data analysis to test data normality used the Kolmogorov-Smirnov test. Hypothesis testing using simple regression analysis using SPSS. The result is the number of people who have been confirmed with COVID-19 and the number of people who have died due to COVID-19 have an effect on the Composite Stock Price Index (IHSG) at a significance level of 10%.
Keywords: Covid-19, IHSG, IDX