Pengaruh Inflasi, Nilai Tukar dan Suku Bunga Terhadap Harga Saham Perusahaan Infrastruktur yang Terdaftar Di Bursa Efek Indonesia Tahun 2021-2023

Abstract

Massive infrastructure is a key driver of economic growth. This has fueled increased investor interest in companies in the infrastructure sector, as they are perceived to offer stable growth prospects. This study aims to identify inflation, exchange rates, and interest rates that affect stock prices. A quantitative approach was applied in this study, which included a population of 67 companies. Through purposive sampling, 62 companies were selected as samples, and SPSS version 24 software was used to assist with secondary data processing. The analysis techniques used include classical assumption tests, hypothesis tests, and mulltiple linear regression analysis. The partial results of this study indicate that inflation and exchange rates have a positive and significant influence on stock prices. On the other hand, the interesst rate variable has no effecs on stock prices, indicating that interest rate movements do not influence investor interest.