SBI Interest Research Articles

Analysis Of Changes in Earnings Per Share as A Result of Increased Inflation Through Changes in Interest Rate in The Property and Real Estate Industry

Purpose — This research aims to determine, prove and test several effects. These influences are an increase in inflation on EPS (earnings per share), an increase in inflation on the SBI interest rate (Bank Indonesia Certificate), the effect of the SBI interest rate on EPS in property and real estate companies, and EPS changes as a result of the indirect effect of inflation through SBI interest rates on property and real estate companies. Design/methodology/approach — This study uses a causal associative approach with a purposive sampling method based on several predetermined criteria. The sample used in this study amounted to 23 companies. The software used to analyze the data in this study is Eviews version 9.0.Findings — The results of this study indicate that the inflation rate has a positive and significant effect on EPS in property and real estate companies listed on the IDX; meanwhile, SBI has a positive but not significant impact on EPS. The results of this study indicate that the inflation rate has a positive and significant effect on EPS in property and real estate companies listed on the IDX. In contrast, SBI has a positive but not significant impact on EPS. Practical implications — This research uses panel data regression analysis Originality/value — This study aims to empirically test the effect of inflation on SBI and its impact on EPS. This research was conducted in the property and real estate industry. Originality/value — Bank Indonesia Certificate; BI Interest Rate; Earnings per Share; Inflation Paper type — Research paper

TINGKAT SUKU BUNGA SBI, TINGKAT INFLASI DAN INDEKS HARGA SAHAM GABUNGAN (IHSG) DI BURSA EFEK INDONESIA (BEI)

The purpose of this study was to analyze the SBI interest rate and the inflation rate on the Composite Stock Price Index (CSPI) partially and simultaneously on the Indonesia Stock Exchange (IDX). The results showed that there was a simultaneous effect of the two dependent variables on the independent variable, namely the Composite Stock Price Index (CSPI). Partially, the SBI interest rate has no significant effect on the Composite Stock Price Index (CSPI) and the inflation rate has no significant effect on the Composite Stock Price Index (CSPI).

The Impact of the Rupiah/Dollar Exchange Rate, Inflation Against the SBI Interest Rate During the New Normal Period

The Covid 19 pandemic has changed the order of Indonesian society and even the world; to prevent the spread of this virus, a new lifestyle or "New normal" is implemented, in which people can still do activities outside the home while adhering to health protocols. As a result of the economic sector's pandemic condition, the rupiah exchange rate against the dollar fell, as did inflation and interest rate values. The goal of this research is to determine the impact of the Rupiah exchange rate, inflation, and interest rates during the New Normal Period. The New Normal period, as we know, begins in early June 2020, so researchers plan to collect data from June 1, 2020 to March 31, 2021. The information used is skunder data. This study used saturated sampling or a census sample, which is a technique for determining "samples where all members of the population are used as samples." The research method used is quantitative research. The test is a multiple linear regression analysis that begins with a traditional assumption test that includes a normality test and a multicollinearity test. The findings revealed that during the New Normal period, the rupiah/dollar exchange rate had a positive and significant effect on SBI interest rates. During the New Normal period, inflation has a positive and significant impact on SBI interest rates. During the New Normal, the Exchange/Dollar Rate and the Inflation Rate both have a positive effect on the SBI Interest Rate.

Stock Price Determinant of PT Timah Tbk During the Covid-19 Pandemic

Stock Price Determinant of PT Timah Tbk during the Covid-19 Pandemic, the Covid-19 Pandemic involves the world economy. Lockdown and Large-Scale Social Restrictions make the economy slow down due to the restricted activities. The prices of crude oil and metal commodities also corrected, including the price of tin commodity due to the decrease of demand. Therefore, the aim of this study is to analyze the impact of the tin price variable, Interest Rate (BI Rate), Net Profit Margin (NPM), and Debt to Equity Ratio (DER) on the Stock Price of PT Timah Tbk during the Covid-19 pandemic. This study used a quantitative method. The object of the study was PT Timah Tbk. The samples used were secondary data, which were tin commodity price, and interest rate of SBI in 2020, and the quarterly financial statements of PT Timah Tbk. The analysis method used was Multiple Linear Regression. The data collection techniques used in this study consisted of two stages: conducting library research (studying literature in the form of research journals, scientific papers, articles, and books) and the documentation stage. The results of the study show that (1) Partially, tin price has a positive and significant impact on the stock price of PT Timah Tbk. (2) Partially, variables of interest rate, NPM, and DER have a negative and not significant impact on the stock price of PT Timah Tbk. (2) Simultaneously, tin price, interest rate, NPM, and DER have a significant impact on the stock price of PT Timah Tbk.
 Keywords : Tin Price, Interest Rate (BI Rate), Net Profit Margin (NPM), Debt to Equity Ratio (DER), and Stock Price

PENGARUH INFLASI, JUB, SBI, SERTA CADANGAN DEVISA TERHADAP NILAI TUKAR RUPIAH TAHUN 2017-2020

Indonesia's economy refers to an open economy. In conducting international trade, countries must compare their currencies with currencies belonging to other countries. Where, the United States currency, namely the dollar, is still the standard of world exchange rates and is used in international transactions. The effect of fluctuations in the exchange rate of the rupiah with the dollar is the occurrence of depreciation or appreciation which will affect Indonesia's economic activities. The purpose of this study is to determine the effect of inflation, the money supply (M2), the SBI interest rate, and foreign exchange reserves on the rupiah exchange rate in the short and long term. The variables that are thought to be able to influence changes in the rupiah exchange rate are the inflation rate, the money supply (M2), the SBI interest rate, and foreign exchange reserves. This research was conducted during January 2017 to December 2020, using the Error Correction Model (ECM). The result is a long-term and short-term relationship. In the short term, foreign exchange reserves and the money supply (M2) significantly affect the exchange rate. Meanwhile, in the long term, the SBI interest rate, money supply (M2), and foreign exchange reserves significantly affect the exchange rate.

The Effect of SBI Interest Rates, Rupiah Exchange Rates, and Inflation on Net Asset Value of Equity Mutual Funds in 2015-2018

This study aims to determine the effect of SBI interest rates, Rupiah Exchange Rates, and inflation on the net asset value of equity funds in Indonesia for the 2015-2018 period. This study uses a quantitative approach with analysis tests using multiple linear regression tests, where there are three independent variables and one dependent variable. The type of data in this study uses secondary data, in the form of data taken from the official website of Bank Indonesia. The research sample was determined by purposive sampling method with sample criteria so that it obttained 9 samples of mutual fund products over four years from 2015-2018 so as many as 36 samples of Mutual Fund Products. Based on the results of analysis technique that have been done, the results of 3 independent variables show that the exchange rate of the rupiah and inflation have no effect the net asset value of mutual fund shares, while the value of SBI interest rates effect the net asset value of stock mutual funds.

The Effect of Inflation, Exchange Rate, BI Rate and Dow Jones Index to Indonesia Composite Index in Indonesia Stock Exchange on the Year 2013-2018

The purpose of this study is to demonstrate the influence of inflation, currency exchange rates, SBI interest rates, and the Dow Jones index on the Jakarta Composite Index on the Indonesian Stock Exchange from 2013 to 2018. Methods of quantitative research utilizing Structural Equation Modeling (SEM) analytic techniques in conjunction with the use of SmartPLS 3. The findings of this study indicate that inflation has a substantial negative influence on the CSPI. This indicates that as inflation increases, the JCI decreases. The exchange rate has a substantial negative effect on the JCI. This demonstrates that the exchange rate variable has a direct effect on the direction of the high exchange rate, lowering the JCI in the process. The SBI interest rate has no effect on the JCI and is rather detrimental to it. This indicates that when the number of SBI interest rates increases, the CSPI remains same. The Dow Jones index has a sizable positive correlation with the CSPI. This indicates that the Dow Jones index's rise has an effect on the JCI. By a factor of 0.982, the Dow Jones Index has the greatest effect on work motivation, followed by inflation, exchange rates, and SBI interest rates on the IHSG on the 2013-2018 Stock Exchange.

The Effect of Inflation, Exchange Rate, BI Rate and Dow Jones Index to Indonesia Composite Index in Indonesia Stock Exchange on the Year 2013-2018

The purpose of this study is to demonstrate the influence of inflation, currency exchange rates, SBI interest rates, and the Dow Jones index on the Jakarta Composite Index on the Indonesian Stock Exchange from 2013 to 2018. Methods of quantitative research utilizing Structural Equation Modeling (SEM) analytic techniques in conjunction with the use of SmartPLS 3. The findings of this study indicate that inflation has a substantial negative influence on the CSPI. This indicates that as inflation increases, the JCI decreases. The exchange rate has a substantial negative effect on the JCI. This demonstrates that the exchange rate variable has a direct effect on the direction of the high exchange rate, lowering the JCI in the process. The SBI interest rate has no effect on the JCI and is rather detrimental to it. This indicates that when the number of SBI interest rates increases, the CSPI remains same. The Dow Jones index has a sizable positive correlation with the CSPI. This indicates that the Dow Jones index's rise has an effect on the JCI. By a factor of 0.982, the Dow Jones Index has the greatest effect on work motivation, followed by inflation, exchange rates, and SBI interest rates on the IHSG on the 2013-2018 Stock Exchange.

Determinant of Stock Price Volatility in LQ45 Companies: An Analysis of Macroeconomic Conditions In Indonesia

The capital market is one of the indicators used in assessing the economic conditions of a country. This research was conducted with the aim of knowing and analyzing the effect of exchange rates and SBI interest rates on stock price volatility at LQ45 companies. Sampling using purposive sampling, the sample used was 19 companies. The data required is secondary data obtained from company reports published on the Indonesia Stock Exchange website and the data collection method is using the documentation method. The analysis technique used in this research is multiple regression analysis. The results of the F test show that there is a significant effect of the Exchange Rate and the SBI Interest Rate on the Volatility of Stock Prices. The results of the t test show that there is a significant effect of Exchange Rate on Stock Price Volatility and SBI Interest Rates, indicating that there is no significant effect on Stock Price Volatility in LQ45 companies. The results of this analysis can be used as information for companies listed on the Indonesian stock exchange to be able to determine the stock price accurately, which can benefit all parties.

The Effect of Inflation, Exchange, SBI Interest Rate and Dow Jones Index on JCI on IDX 2013 – 2018

This analysis aims to display inflation, exchange rates of currencies, SBI, and the Dow Jones Index on IHSG and IDX from 2013 to 2018. Quantitative testing approaches using the SmartPLS 3 technology and Structural Equation Modeling (SEM) analysis techniques. Inflation has a large positive effect on the JCI. Which indicates that as inflation rises, the JCI value falls. Exchange rates significantly impact the JCI. Therefore, the exchange rate indicator directly affects the path of the high exchange rate, which reduces the JCI figure. The SBI rate has no Impact and negative on JCI. This means JCI would not be affected by the increased number of SBI interest rates. For the Dow Jones Index, the JCI is significantly positive. Which suggests that the Dow Jones index's rise has an effect on the JCI. The Dow Jones Index has the most impact on work motivation, at 0.982, in contrast to the inflation, exchange rate, and SBI interest rate variables against the IHSG of IDX from 2013 to 2018.

INFLASI, SUKU BUNGA SBI, PERTUMBUHAN GDP DAN NON-PERFORMING LOAN BANK BENGKULU

The purpose of this study is to examine the effect of inflation, SBI interest rates and gross domestic product (GDP) growth on non-performing loans of Bank Bengkulu. This research was conducted with a quantitative approach. Samples are time series data or time series in a span of 10 years, starting from January 2009 to December 2018. Data collection through n secondary data obtained from documentation studies, while data analysis used multiple regression analysis. The results show that inflation positively effect on non-performing loans of Bank Bengkulu. This means that the higher the inflation rate, the non-performing loan will increase, conversely the lower the inflation, the non-performing loan will decrease. SBI interest rates do not affect the NPL of the Bank Bengkulu. This means that the increase or not the non-performing loan of Bank Bengkulu can not be predicted by interest rates. GDP negatively effect on non-performing loans at the Bank Bengkulu. That is, the higher the GDP the non performing loan will be lower, conversely the lower the GDP the non performing loan will increase.

PENGARUH CASA, NPL, DAN VARIABEL MAKROEKONOMI TERHADAP KREDIT YANG DIBERIKAN BANK UMUM DI INDONESIA ( Studi Kasus Bank Buku IV di Indonesia )

Banking has a strategic role in promoting economic growth, one of which is through financing or credit to the public and productive sectors. There are factors that influence the main activities of banks to channel credit to the public, namely factors from internal and external banks. The purpose of this study was to examine the effect of CASA, NPL, SBI interest rates and GDP on loans granted by commercial banks in Indonesia. This research is a causality study to determine the relationship and influence between two or more variables. The population of this study is all conventional banks listed on the Indonesia Stock Exchange. Banks that have the variables needed in the study with a sample of 8 banks obtained by purposive sampling method and the research time span is 4 years in 2016 - 2019. The research hypothesis is tested using multiple linear regression with the SPSS v25 program. The results of the T test show that CASA has a positive and significant effect on the amount of lending, while NPL, SBI interest rates and GDP have no effect on the amount of credit disbursed by commercial banks in Indonesia.

The Effect of Inflation Rate, Exchange Rate, The Certificate of Bank Indonesia (SBI) Interest Rate and Sharia Stock Trading Volume on Sharia Stock Performance in Companies Listed on the Indonesian Sharia Stock Index (ISSI)

This study aims to determine and analyze the effect of the inflation rate, exchange rate, SBI interest rate and Sharia stock trading volume on the performance of Sharia stocks in companies listed on the Indonesian Sharia Stock Index. In this study, a research model was created using Sharia stock performance as the dependent variable. While the independent variables are the inflation rate, exchange rate, certificate of Bank Indonesia (SBI) interest rate and Sharia stock trading volume. The research method used is quantitative research method with multiple regression models using panel data. The research object employs Sharia stocks from companies that are in the Indonesian Sharia Stock Index (ISSI), namely Sharia stocks that are listed on the stock exchange, active, and meet the requirements of the Capital Market in Indonesia during the period January 2014 to December 2018. The object of this research includes all 392 companies using purposive sampling technique. Further, the samples used are 278 companies that meet the requirements. Based on the results, it shows that the inflation rate has no effect on the performance of Sharia stocks. Next, the exchange rate and the SBI interest rate have a significant negative effect on the performance of Sharia stocks, while the trading volume of Sharia stocks has no effect on the performance of Sharia stocks.

EFFECT OF SHARE SALES VOLUME AND INTEREST RATE ON STOCK RETURN IN PT. INDOCEMENT TUNGGAL PRAKARSA TBK

The purpose of this study is to determine the effect of share sales volume and SBI interest rates on stock returns at PT Indocement Tunggal Prakarsa, Tbk. This study uses a quantitative approach because it uses data in the form of numbers. The type of data used is secondary data obtained from the official website The population in this study is data on sales volume, interest rates and stock returns for 30 years, from 1989-2019. using a sample for 15 years, namely from 2004-2018. The sampling method used was purposive sampling method. Methods of data collection using the method of documentation and study libraries. The data analysis tool used is multiple linear regression with the help of the SPSS version 21.0 program. The results of this study indicate that there is a partially significant effect between share sales volume and stock returns at PT Indocement Tunggal Initiative, Tbk. Tbk. The magnitude of the influence of share sales volume and interest rates on stock returns at PT Indocement Tunggal Initiative, Tbk is 200% and the remaining 79.9% is influenced by other factors not examined in this study.

Pengujian Beta Konsumsi dan Implikasinya Terhadap Imbal Hasil Saham Syariah di Indonesia dengan Mempertimbangkan Variabel Makro Ekonomi

This study aims to determine the effect of consumption beta on Islamic stock returns. The research model used Breeden's (1979) CCAPM model by adding macroeconomic variables as control variables in the first regression test. The sample selection used a purposive sampling technique and obtained 27 active Islamic stocks listed on the JII index during 2019. The data and information collected are historical data, namely the monthly closing price of the JII Islamic stock index, Gross Domestic Product Data, Inflation data and SBI interest rates. . The use of macroeconomic variable data is an effort to obtain a Goodness of fit model so that it is able to produce estimates in accordance with the actual value. The beta coefficient value obtained in the first test then carried out the second stage regression. The results prove that there is a negative influence between consumption beta on the average yield of Islamic JII stocks of 21.56%, with a consumption variable value of -0.046894 and a significant T value of 0.0147 <0.05. Thus, this research briefly proves that the CCAPM Breeden model (1979) applies to the JII Islamic stock index on the Indonesia Stock Exchange for the period 2019.

Analysis of the Influence of Interest Rate, Rupiah Exchange Value, Household Consumption, and Import on Inflation in Indonesia Period 2010.Q1 - 2018.Q4

This study aims to analyze the effect of the interest rest, the exchange rate of the rupiah, and imports on the inflation in Indonesia. The study used multiple regression equation by using secondary time series. Data from 2008.Q1-2018.Q4. The results showed that the interest rate of SBI, exchange rate of rupiah against US Dollar, private sector household consumption, and the total imports of Indonesia had a simultaneous impact on the inflation in Indonesia. However, partially only the interest rate of SBI and total imports of Indonesia had a significant impact on the inflation in Indonesia, respectivelyon the level ofα = 1% and α= 5%. These results mean that the increasing of interest rate of SBI and Indonesian import could impact the inflation rate in Indonesia. Based on the findings, the policy to control the inflation in Indonesia was Bank Indonesia as the holder of monetary policy needs to oversee the determination of business credit interest rate (micro, retail, and corporate), by commercial banks in order to maintain the rate on the stable and low levels. In addition, the government needs to compose the policy to reduce the dependence on imported goods by providing various facilities and incentives to increase the interest of entrepreneurs to invest in industries that produce imported substitute goods.

The Dynamics of The Rupiah Exchange Rate in 2017-2020

<p align="justify">The exchange rate is one of the most important indicators in the economy. Moreover, with the increasing intensity of trade between countries, commonly referred to as international trade, this economic indicator becomes important for every country, including Indonesia. The change in the Indonesian exchange rate system to a free-floating system has made the exchange rate fluctuations more dynamic. The fluctuations are influenced by various factors, both internal and external. This study aims to determine the effect of the money supply (M<sub>2</sub>), foreign exchange reserves, SBI interest rates and world crude oil prices on the rupiah/dollar exchange rate in 2017-2020 both in the short run and in the long run. The data used is monthly time series data from 2017-2020. The analytical method used in this study is the Error Correction Model (ECM). The results in this study indicate that in the short run and long run the money supply and foreign exchange reserves variables have a significant effect on the rupiah exchange rate in 2017-2020.</p>

Pengaruh Volume Penjualan Saham Dan Tingkat Suku Bunga SBI Terhadap Return Saham Pada PT Indocement Tunggal Prakarsa, Tbk

The purpose of this study is to determine the effect of share sales volume and SBI interest rates on stock returns at PT Indocement Tunggal Prakarsa, Tbk. This study uses a quantitative approach because it uses data in the form of numbers. The type of data used is secondary data obtained from the official website (http://www.indocement.co.id) The population in this study is data on sales volume, interest rates and stock returns for 30 years, from 1989-2019. using a sample for 15 years, namely from 2004-2018. The sampling method used was purposive sampling method. Methods of data collection using the method of documentation and study libraries. The data analysis tool used is multiple linear regression with the help of the SPSS version 21.0 program. The results of this study indicate that there is a partially significant effect between share sales volume and stock returns at PT Indocement Tunggal Initiative, Tbk. Tbk. The magnitude of the influence of share sales volume and interest rates on stock returns at PT Indocement Tunggal Initiative, Tbk is 200% and the remaining 79.9% is influenced by other factors not examined in this study

Analisis faktor internal dan eksternal yang mempengaruhi holding period saham LQ45

The research objective was to examine the effect of the bid-ask spread, market value, earnings per share, return on equity, inflation and the SBI interest rate on the holding period of shares. This study uses non-participant observation methods, namely by looking at data from the Indonesia Stock Exchange (IDX) and quantitative research types, there are 10 sample companies used in this study and using purposive sampling technique, in data collection is by documentation and variables used. in this study are the bid-ask spread, market value, earnings per share, return on equity, inflation and the SBI interest rate. There are variables that influence and there are two variables that do not influence, namely inflation and the SBI interest rate because the circulation values of the two variables are not good.

Stock Investment Portfolio Analysis with Single Index Model

In order to evaluate an optimal portfolio, an important step that investors or investment managers is portfolio analysis. In stock portfolio analysis, methods that can be used include the Markowitz approach and the Single Index Model. This study aims to apply the Single Index Model in finding the beta value of an efficient portfolio line, so that investors can determine the stocks and the proportion of funds needed to form an optimal portfolio. In this study, the data sources used were 1) market share price index that represents market factor or market data, 2) SBI interest rates that represents risk free (rf) and 3) The share prices of PT Ace Hardware Indonesia Tbk, PT Indocement Tunggal Perkasa Tbk and PT Matahari Putra Prima Tbk. The weight of each share in the active portfolio (Wi0) at Active Pf A 1.0000 is ACES of 0.1729, INTP of 0.0460 and MPPA of 0.7811. Then the alpha of the ACES active portfolio is 0.0051, INTP is 0.0002 and the MPPA is 0.0184. Then the calculation results show the residual variance in the active ACES portfolio is 0.0041, INTP is 0.0001 and MPPA is 0.0147. The variance of the Optimal Risky Portfolio of the variance index portfolio and the residual variance of the active portfolio is 0.1054.