Pengaruh Volume Perdagangan Saham dan Tingkat Suku Bunga Terhadap Harga Saham pada Perusahaan Textil yang Terdaftar di BEI

Abstract

This study aimed to find out the effects of the trading volume and rate of interest, both partially and simultaneously, on the stock price of the textile companies listed in the Indonesia Stock Exchange 2013 - 2017. This was a study using the quantitative. The research population comprised textile companies in 2013 - 2017 in Indonesia Stock Exchange. The sample was selected by the quota sampling technique and 5 companies were included in the research sample. The data collecting technique was documentation. The data analysis technique was panel data regression using the common effect model. The results of the study showed that partially the trading volume had no significant and negative effect on the stock price. The rate of interest had no significant and negative effect on the stock price. Simultaneously, the trading volume and rate of interest had an effect on the stock price. The coefficient of determination (R2) in this study was 0.92, indicating that the capability of the independent variables to account for the variance of the dependent variable was 92%, while the remaining 8% was explained by independent variables outside the model.