Proceedings of the 1st International Conference on Applied Social Sciences, Business, and Humanity, ICo-ASCNITY, 2 November 2019, Padang, West Sumatra, Indonesia

Research Article

Analysis of Foreign and Domestic Transactions Effect on Stock Returns in Service Sector Companies Listed in Indonesia Stock Exchange

Download44 downloads
  • @INPROCEEDINGS{10.4108/eai.1-11-2019.2293997,
        author={Randy  Heriyanto and Fitra  Oliyan and Gustati  Gustati},
        title={Analysis of Foreign and Domestic Transactions Effect on Stock Returns in Service Sector Companies Listed in Indonesia Stock Exchange},
        proceedings={Proceedings of the 1st International Conference on Applied Social Sciences, Business, and Humanity, ICo-ASCNITY, 2 November 2019, Padang, West Sumatra, Indonesia},
        publisher={EAI},
        proceedings_a={ICO-ASCNITY},
        year={2020},
        month={4},
        keywords={foreign transactions domestic transactions stock returns},
        doi={10.4108/eai.1-11-2019.2293997}
    }
    
  • Randy Heriyanto
    Fitra Oliyan
    Gustati Gustati
    Year: 2020
    Analysis of Foreign and Domestic Transactions Effect on Stock Returns in Service Sector Companies Listed in Indonesia Stock Exchange
    ICO-ASCNITY
    EAI
    DOI: 10.4108/eai.1-11-2019.2293997
Randy Heriyanto1,*, Fitra Oliyan1, Gustati Gustati1
  • 1: Politeknik Negeri Padang, Padang, Indonesia
*Contact email: heriyantorandy@gmail.com

Abstract

The growth of the service sector is the fastest development in 2017 reaching more than 40%. This will generate great interest in both domestic and foreign investors. This study aims to examine the effect of foreign transactions on domestic transactions on stock returns in service sector companies in 2016-2018. The data used in this study are secondary data obtained from daily stock price reports and daily foreign (buy) and domestic buy (sell) data. The technical analysis used is descriptive analysis and Pearson correlation analysis using IBM SPSS Statistics 2.0. Based on testing conducted will be known later whether there is a relationship between foreign transactions on stock returns.