Impresi Kurs, Market Value dan Interest Rate terhadap Stock Price pada Sektor Perbankan yang Terdaftar di BEI Periode 2015-2017

  • Fauzi Hidayatulloh STIE Widya Gama Lumajang
  • Ratna Wijayanti Daniar paramita STIE Widya Gama Lumajang
  • Emmy Ermawati STIE Widya Gama Lumajang


This study aims to determine the effect of exchange rates, market value and interest rates on stock prices on banking companies that are partially listed on the Indonesia Stock Exchange. The research method used is a multiple linear regression statistical method with internal data sources and secondary data types in the form of companies financial report data. The population in this study were 42 companies and obtained samples with purposive sampling techniques of 30 companies. The results showed partially that the exchange rate, market value and interest rate variables did not significantly influence the stock price. Furthermore, simultaneously the exchange rate, market value and interest rate have no effect on the stock price with a coefficient of determination (R Square) of 0.038 which indicates that 3,8% of the stock price is influenced by the exchange rate, market value and interest rate while the remaining 96,2% is influenced by variables others not examined in this study.