Research Article
Impact of COVID-19 on Stock Prices and Transaction Volume: Case Study of PT. Matahari Department Store, Tbk.
@INPROCEEDINGS{10.4108/eai.20-10-2020.2305151, author={Setiati Utami Adiningsih and Dewi Khairani and Asep Saepudin Jahar and Rodoni Rodoni and Arif Mufraini and Suherman Saleh}, title={Impact of COVID-19 on Stock Prices and Transaction Volume: Case Study of PT. Matahari Department Store, Tbk.}, proceedings={Proceedings of the 3rd International Colloquium on Interdisciplinary Islamic Studies, ICIIS 2020, 20-21 October 2020, Jakarta, Indonesia}, publisher={EAI}, proceedings_a={ICIIS}, year={2021}, month={4}, keywords={covid-19 stock price transaction volume}, doi={10.4108/eai.20-10-2020.2305151} }- Setiati Utami Adiningsih
Dewi Khairani
Asep Saepudin Jahar
Rodoni Rodoni
Arif Mufraini
Suherman Saleh
Year: 2021
Impact of COVID-19 on Stock Prices and Transaction Volume: Case Study of PT. Matahari Department Store, Tbk.
ICIIS
EAI
DOI: 10.4108/eai.20-10-2020.2305151
Abstract
The explanation of WHO in regards to COVID-19 is a worldwide pandemic that stresses all degrees of society Investors also started selling their risky assets. Every Indonesian economy was also affected. The stock market also showed its reaction. This study uses a comparative method, which is to compare stock prices and transaction volume before and after the announcement of the COVID-19 case in Indonesia using the paired sample t-test. The results showed that there were significant differences in stock prices and transaction volume before and after the announcement of the COVID-19 case in Indonesia.
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