PENGARUH NILAI TUKAR, SUKU BUNGA SBI DAN PROFITABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN SUB SEKTOR TELEKOMUNIKASI YANG TERDAFTAR DI BEI PERIODE 2017-2021

Abstract

This research aims (1) to determine the effect of the exchange rate on stock prices listed on the Indonesia Stock Exchange for the 2017-2021 period, (2) to determine the effect of the Bank Indonesia Certificate Interest Rate on stock prices listed on the Indonesia Stock Exchange for the 2017-2021 period, (3 ) to determine the effect of profitability on stock prices listed on the Indonesia Stock Exchange for the 2017-2021 period, and (4) to determine the simultaneous effect of exchange rates, Bank Indonesia Certificate interest rate and profitability on stock prices listed on the Indonesia Stock Exchange for the 2017-2021 period. . The method used in this study is a quantitative method. The test results are linear regression equation Y = 65.450 – 6.052 X2 + 0.330 X1 – 0.100 X3 + e. Partially, the exchange rate has a significant negative effect with a t-count value of -3.084 and a significance value of 0.003. The Bank Indonesia Certificate interest rate has no significant positive effect with a t-count value of 0.852 and a significance value of 0.396. Profitability has an insignificant negative effect with a t-count value of -1.658 and a significance value of 0.100. Simultaneously the exchange rate, Bank Indonesia Certificate interest rate and profitability affect the stock price with a value of 0.008. The Adjusted R Square value of exchange rates Bank Indonesia Certificate interest rate, and profitability on stock prices is 9.6% while 90.4% is influenced by other variables not discussed in this study.