The COVID-19 Pandemic and the Movement of the Bisnis-27 Stock Index from January to December 2021
DOI:
https://doi.org/10.37385/raj.v3i2.3180Keywords:
COVID-19, Bisnis-27, Stock MarketAbstract
The COVID-19 pandemic in Indonesia has also impacted the capital market, leading to changes in trading hours on the Indonesia Stock Exchange. This situation served as a negative signal for investors, prompting many to sell their shareholdings. The results of this study indicate that an increase in the number of confirmed positive COVID-19 cases negatively affects the movement of the Bisnis-27 stock index. Similarly, the number of COVID-19-related deaths also has an impact on the index. However, the number of fully vaccinated individuals does not significantly influence the Bisnis-27 index. Therefore, it is strongly recommended that investors take into account the rising number of positive COVID-19 cases and related fatalities when making investment decisions in companies listed on the Bisnis-27 index.
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