scholarly journals Shanghai Stock Exchange Composite Index and Bank Stock Prices in China: A Causality Analysis

2008 ◽  
Author(s):  
Shujie Yao ◽  
Stephen L. Morgan ◽  
Dan Luo
Keyword(s):  
Stock Prices ◽  
Stock Exchange ◽  
Composite Index ◽  
Causality Analysis ◽  
Bank Stock

scholarly journals Hubungan Karakteristik Bank dengan Harga Saham

2020 ◽  
Vol 1 (1) ◽  
pp. 10-22
Author(s):  
Muchlis H. Mas'ud ◽  
Dwi Anggarani ◽  
Zulkifli
Keyword(s):  
Time Series ◽  
Credit Risk ◽  
Cross Section ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Bank Capital ◽  
Cross Section Data ◽  
Section Data ◽  
Bank Stock

This study discusses the influence of variable bank characteristics on bank stock prices included on the Indonesia Stock Exchange (2009-2013). Regarding what is used is a data collection that is a merger between cross section data and time series from 25 banks. The results showed that bad credit as a proxy for credit risk increased significantly to stock prices. Credit risk increases. It is proven that efficiency shows a negative and significant relationship to stock prices. Limitations / Implications in this study are the adequacy of bank capital, profitability and income diversification ratio non-interest income (NIIR) does not affect the bank's stock price.

Determining the Importance of Domestic Firms on Stock Market Performance in Terms of Financial Marketing

2020 ◽  
pp. 269-286 ◽  
Author(s):  
İrfan Ersin
Keyword(s):  
Stock Market ◽  
Stock Prices ◽  
Stock Exchange ◽  
Panel Cointegration ◽  
Stock Index ◽  
Causality Analysis ◽  
Domestic Firms ◽  
Market Values ◽  
Stock Market Performance ◽  
The Relationship

This chapter examines the relationship between stock market value of domestic firms traded in stock markets in OECD countries and stock index for 1990-2018 period. As a result of Pedroni Panel Cointegration and Dumitrescu-Hurlin Panel Causality Analysis, there is a relationship between the market values of domestic firms traded on the stock exchange and the stock index. In addition, a two-way causality relationship was found. This situation indicates that this relationship is very powerful. It can be understood that adding domestic companies to the stock market has a significant effect on the stock prices and this will attract foreign investors to enter the market.

scholarly journals Cointegration of Stock Prices and Domestic Portfolio Diversification Opportunities: Evidence from the Ghana Stock Exchange

2017 ◽  
Vol 4 (5) ◽  
pp. 78
Author(s):  
George Amfo-Antiri ◽  
Edward Quansah
Keyword(s):  
Stock Returns ◽  
Stock Prices ◽  
Stock Exchange ◽  
Composite Index ◽  
Cointegration Analysis ◽  
Portfolio Diversification ◽  
Individual Investors ◽  
Long Run ◽  
Ghana Stock Exchange ◽  
Bound Test

This paper employed Engle-Granger test of cointegration and the Bound Test to explore potential domestic portfolio diversification opportunities that are available for individual investors, institutional and other portfolio managers from constructing domestic portfolios. Daily stock prices for the period 1st August, 2011 to July 29th, 2016 have been employed as well as monthly stock return from the Ghana Stock exchange. The result from the cointegration analysis indicated that most equity stocks listed on the Ghana Stock Exchange are not cointegrated with each other in the long run. In addition, majority of the stock returns are statistically insensitive to the GSE– Composite index during the period under consideration. The empirical evidence indicates that domestic investors can benefit from constructing portfolios that consist of equities from the financial sector and other non-financial sectors which are not cointegrated.

scholarly journals ADAKAH PENGARUH FREE FLOAT TERHADAP PELAKU PASAR SAHAM DI INDONESIA?

2019 ◽  
Vol 21 (1) ◽  
pp. 39-46
Author(s):  
PUTRI MUTIRA
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Composite Index ◽  
High Price ◽  
Percentage Increase ◽  
Price Changes ◽  
Average Value ◽  
Before And After ◽  
Additional Reference

Indonesian Stock Exchange has released free float adjustment index on November 2018 and composite index declined about 3,2%. Free Float will be an additional reference for the exchange in compiling an index which previously used market capitalization and total transaction value. This study examines the average daily price changes of LQ45 stocks within 60 days before and after the announcement. The daily closing price changes are calculated as a percentage increase or decrease of stock prices according to the previous day, then, the average value is calculated for all the trading days. There are differences in the average stock price changes 60 days before and after the announcement date. After dropped, the price rebound and make a new higher high price two days after the announcement. Bank BCA, Bank Mandiri, Bank BRI, Bank BNI, Astra International and Telkom are companies which increase the weight of the free float meanwhile Unilever and H.M Sampoerna were the opposite.

scholarly journals The Influence of Investors’ Mood on the Stock Prices: Evidence from Energy Firms in Warsaw Stock Exchange, Poland

Energies ◽  
2021 ◽  
Vol 14 (21) ◽  
pp. 7396
Author(s):  
Waldemar Tarczyński ◽  
Urszula Mentel ◽  
Grzegorz Mentel ◽  
Umer Shahzad
Keyword(s):  
Stock Prices ◽  
Stock Exchange ◽  
Investment Decisions ◽  
Energy Sector ◽  
Causality Analysis ◽  
Weather Factors ◽  
Rates Of Return ◽  
Warsaw Stock Exchange ◽  
The Subject ◽  
Mutual Relations

The subject of this publication is an analysis of the sentiment of stock exchange investors in terms of making investment decisions in the energy sector of the Polish stock exchange. The investment mood is considered in the context of the possible impact of weather factors on investment decisions. Possible effects are verified in relation to the rates of return and the volume of trading of energy sector entities. The analysis is carried out both in terms of co-integration analyses as well as in econometric terms, in the cross-section of classic OLS models or causality analysis using VAR vector autoregression models. The main purpose of the issues discussed is the problem of indicating (illustrating) the presence or absence of mutual relations between weather factors and the stock market in terms of the methods considered.

scholarly journals Performance Evaluation of Selected Banking Stocks Listed on Bombay Stock Exchange During Pre & Post Covid-19 Crisis

2021 ◽  
Vol 7 (3) ◽  
pp. 53-61
Author(s):  
Dr.Vishal Kumar ◽  
Ritu Rani
Keyword(s):  
Stock Prices ◽  
Stock Exchange ◽  
Economic Variables ◽  
Market Sentiment ◽  
Financial Variables ◽  
Government Sector ◽  
Bank Stock ◽  
Correlation Tests ◽  
The Relationship ◽  
Insight Into

Investing in the stock market has always been regarded as risky. Market sentiment is a factor that influences stock prices. The purpose of this study is to assess the performance of selected banking stocks based on risk and excess return generated by them during the study period. The study also determines the effect of certain financial variables on sample banking stocks during the time crisis of Covid’19. Economic variables such as the BSE Sensex, rate of exchange, variation in FII (Foreign Institutional Investors), and coupon rate of Government Sector (G-Sec) were analysed in conjunction with the analysis of banking stocks. The regression and correlation tests are used to determine the significance of variables using SPSS. Following the BSE’s performance provides insight into the future modifications throughout the price levels of bank shares. Following a sharp decline in the market, private sector bank stock prices are correct, but not public sector bank stock prices. Throughout the first part of the research, there is a direct relationship between the BSE, Sensex, and the selected stocks, but only a weak correlation with FII, G-Sec coupon rate, and the exchange rate. Along the second part of the research, the relationship between stock prices and economic variables varies widely between banks.

scholarly journals ANALISIS PENGARUH RISIKO KREDIT TERHADAP IMBAL HASIL SAHAM PERBANKAN DI BURSA EFEK JAKARTA PERIODE TAHUN 2001-2005

2011 ◽  
Vol 4 (1) ◽  
pp. 78-94
Author(s):  
Siane Handayani Rahardjo ◽  
Ingrid Maya Sophy2 ◽  
Tedy Fardiansyah
Keyword(s):  
Credit Risk ◽  
Stock Returns ◽  
Stock Prices ◽  
Stock Price ◽  
Sampling Method ◽  
Stock Exchange ◽  
Capital Adequacy ◽  
Capital Adequacy Ratio ◽  
Bank Stock Returns ◽  
Bank Stock

Banks have an important role in the economy and serves as a financial intermediary. Credit risk, as one of indicator of the health of the bank, is an interest of all stakeholders including investors stock. This study was conducted to determine the effect of credit risk on bank stock returns listed on the Jakarta Stock Exchange. The sampling method performed on 8 banks for a sample of meeting the requirements of the study. Credit risk data consisting of CAR (Capital Adequacy Ratio), NPL (Non Performing Loans) and PPAP (Removal of Assets Allowance) financial ratios derived from the quarterly during January 2001-December 2005. The stock prices are taken from the weekly closing stock price data weekly during January 2001-December 2005. Tests using multiple regressions were conducted to determine the effect of credit risk on stock returns. The results show that jointly or individually no significant effect on credit risk with stock returns.

scholarly journals REAKSI HARGA SAHAM DI PASAR MODAL INDONESIA TERHADAP PERISTIWA TEROR BOM PERIODE 2002-2017

2018 ◽  
Vol 15 (2) ◽  
pp. 20
Author(s):  
Carissa Cindy Febiana ◽  
Noorlailie Soewarno
Keyword(s):  
Capital Market ◽  
Stock Prices ◽  
Stock Price ◽  
Abnormal Return ◽  
Stock Exchange ◽  
Composite Index ◽  
Sampling Technique ◽  
Event Date ◽  
Stock Price Reaction ◽  
Bomb Explosion

This research aims to determine the reaction of stock prices in Indonesia stock ecxchange when event of terror bombs. This research use event study where observation to window period of abnormal return during 5 days before, event date, and 5 days after the event. The data was collected from the Indonesia stock exchange by using daily closing price of stock price and JCI (Jakarta Composite Index). The population are event of terror boms period 2002-2017. The sampling technique in this research used purposive sampling with the criterias are the largest number of victims and the availability of data.The statistic instrument test has been done by using paired sample t-test and SPSS 24rd program. The results show that there is the effect of bomb terrorism on stock price reaction in Indonesia stock exchange indicated by the differences of abnormal return. The influential incident that occurred during the bombing of Indonesia's history in Bomb Bali I at 2002, with the passage of time and the number of bombing events, investors have been sensitive to the occurrence of bomb explosion events against stock prices in the Indonesian capital market.

Chicken-Egg Dilemma for the Relationship Between Price and Volume in Borsa Istanbul

2019 ◽  
pp. 46-69
Author(s):  
Sadullah Çelik ◽  
Ayben Koy
Keyword(s):  
Stock Prices ◽  
Stock Exchange ◽  
Distinct Pattern ◽  
Wavelet Coherence ◽  
Coherence Analysis ◽  
Causality Analysis ◽  
Chicken Egg ◽  
Wavelet Coherence Analysis ◽  
The Relationship ◽  
Foreign Shocks

This chapter empirically examines the relationship between stock prices and stock volumes for Borsa Istanbul, the only stock exchange in Turkey. The price-volume debate has been a common focus in the literature as the chicken-egg dilemma probably since the financial markets started to operate in a competitive manner. This chapter employs Borsa Istanbul and also considers the sector indices of the market. The authors employ frequency domain causality analysis of Breitung and Candelon and wavelet coherence analysis of Grinsted et al. with comparisons of the results for each sector. The findings show that (1) it is hard to argue for the existence of a distinct pattern in an emerging stock market like Borsa Istanbul; (2) there are several periods that propose challenges like the increasing foreign share, foreign shocks transmitted to the domestic market, and local effects; and (3) speculation is an inherit part of stock markets; and it is not possible to get rid of but rather act timely to minimize the adverse consequences and to deter market-wide repercussions.

The Effect of Current Ratio and Debt to Asset Ratio on Net Profit Margin and Stock Prices: A Study of Basic Industry and Chemicals Companies

2020 ◽  
pp. 282-294
Author(s):  
Sudirman S ◽  
Muhammad Wahyuddin Abdullah ◽  
Muhammad Obie
Keyword(s):  
Stock Prices ◽  
Stock Exchange ◽  
Secondary Data ◽  
Profit Margin ◽  
Current Ratio ◽  
Industry Sector ◽  
Basic Industry ◽  
Net Profit ◽  
Equity Ratio ◽  
Index Value

This study examined the effect of current ratio and debt to asset ratio on net profit margin and stock prices of the sector basic industry and chemicals companies listed on the Indonesia Stock Exchange in the period 2015-2019. The object of research was the stock prices of companies in the Basic Industry and Chemicals sector, which have been published through the official website of the Indonesian capital market. It was used secondary data derived from the monthly statistics, including Current Ratio data, Net Profit Margin, Debt to Asset Ratio, and data on closing prices for the period 2015-2019. In analyzing data, it was used path analysis of secondary data obtained from the basic industry sector financial statements of 60 companies. The company's performance in this sector is considered quite good when seen from the movement of the index value in the last five years. The results show that direct current ratio had a positive and significant effect on the net profit margin, and the debt to equity ratio did not significantly influence the net profit margin. The current ratio has a positive and significant effect on stock prices, and the debt to equity ratio has a negative and not significant effect on stock prices. In contrast, the net profit margin has a significant effect on stock prices in the basic industry sector companies on the Indonesia Stock Exchange. Indirectly the current ratio has a positive and significant effect on stock prices. In contrast, the debt to asset ratio has a negative and not significant effect on the company's stock prices in the basic industry sector on the Indonesia Stock Exchange.

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