Pandemic-Era Determinants Of Stock Returns

This study aims to analyze the impact of stock price indices and stock trading volume on stock returns in the ASEAN stock exchanges, taken from a case study during the COVID-19 pandemic from 2019 to 2021. The research data was obtained from the Indonesia Stock Exchange (IDX), Bursa Malaysia (KLSE),...

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Main Author: Wafi Ahdalloh Ahmad
Format: Article
Language:English
Published: Institut Teknologi dan Bisnis Asia Malang 2025-02-01
Series:Jurnal Ilmiah Bisnis dan Ekonomi Asia
Subjects:
Online Access:https://jibeka.asia.ac.id/index.php/jibeka/article/view/2316
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author Wafi Ahdalloh Ahmad
author_facet Wafi Ahdalloh Ahmad
author_sort Wafi Ahdalloh Ahmad
collection DOAJ
description This study aims to analyze the impact of stock price indices and stock trading volume on stock returns in the ASEAN stock exchanges, taken from a case study during the COVID-19 pandemic from 2019 to 2021. The research data was obtained from the Indonesia Stock Exchange (IDX), Bursa Malaysia (KLSE), and Singapore Exchange (SGX) through Bloomberg, Yahoo Finance, and web crawler applications. The sample used in the study came from 1,848 daily transactions from these three exchanges. The research data was processed and analyzed using SPSS version 25, and the method used was Ordinary Least Square (OLS). The results of this study indicate that there are differences in outcomes caused by stock price indices and stock trading volume on stock returns. Stock price indices have a significant negative effect on stock returns, while stock trading volume has a significant positive effect on stock returns.
format Article
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institution DOAJ
issn 2620-875X
language English
publishDate 2025-02-01
publisher Institut Teknologi dan Bisnis Asia Malang
record_format Article
series Jurnal Ilmiah Bisnis dan Ekonomi Asia
spelling doaj-art-33f775fc96fa46599c194985f81335c32025-08-20T03:11:24ZengInstitut Teknologi dan Bisnis Asia MalangJurnal Ilmiah Bisnis dan Ekonomi Asia2620-875X2025-02-0119110.32815/jibeka.v19i1.2316Pandemic-Era Determinants Of Stock ReturnsWafi Ahdalloh Ahmad0Universitas Diponegoro This study aims to analyze the impact of stock price indices and stock trading volume on stock returns in the ASEAN stock exchanges, taken from a case study during the COVID-19 pandemic from 2019 to 2021. The research data was obtained from the Indonesia Stock Exchange (IDX), Bursa Malaysia (KLSE), and Singapore Exchange (SGX) through Bloomberg, Yahoo Finance, and web crawler applications. The sample used in the study came from 1,848 daily transactions from these three exchanges. The research data was processed and analyzed using SPSS version 25, and the method used was Ordinary Least Square (OLS). The results of this study indicate that there are differences in outcomes caused by stock price indices and stock trading volume on stock returns. Stock price indices have a significant negative effect on stock returns, while stock trading volume has a significant positive effect on stock returns. https://jibeka.asia.ac.id/index.php/jibeka/article/view/2316Composite Stock Price IndexStock Trading VolumeMarket ReturnIDXKLSE
spellingShingle Wafi Ahdalloh Ahmad
Pandemic-Era Determinants Of Stock Returns
Jurnal Ilmiah Bisnis dan Ekonomi Asia
Composite Stock Price Index
Stock Trading Volume
Market Return
IDX
KLSE
title Pandemic-Era Determinants Of Stock Returns
title_full Pandemic-Era Determinants Of Stock Returns
title_fullStr Pandemic-Era Determinants Of Stock Returns
title_full_unstemmed Pandemic-Era Determinants Of Stock Returns
title_short Pandemic-Era Determinants Of Stock Returns
title_sort pandemic era determinants of stock returns
topic Composite Stock Price Index
Stock Trading Volume
Market Return
IDX
KLSE
url https://jibeka.asia.ac.id/index.php/jibeka/article/view/2316
work_keys_str_mv AT wafiahdallohahmad pandemiceradeterminantsofstockreturns