Analysis of the Effect of Covid-19 on Stock Prices in IDX30
1Erwin Dyah Astawinetu,2 Istiono, 3Erma Yuliaty
1,2,3Faculty of Economics and Business, University of 17 Agustus 1945 Surabaya
https://doi.org/10.47191/jefms/v4-i12-22ABSTRACT:
The Covid-19 pandemic has hit Indonesia since March 2020 until now. This health disaster has affect Indonesia's macroeconomic conditions and the performance of many companies. The study examined the effect of the Covid-19 pandemic on the stock prices of all companies included in the IDX30 Index. The hypothesis test used is the average difference test. The results of the study found that the Covid-19 pandemic could have a positive, negative, or no effect on the stock prices of companies included in the IDX30 Index.
KEYWORDS:
Covid-19 pandemic, stock prices, and the IDX30 index.
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