Effects of The Japan Disaster 2011 on the Stock Return and Trading Volume in Indonesia Stock Exchange

Authors

  • Sulistyo Wahyu Wijanarko International Program Faculty of Economic Universitas Islam Indonesia
  • Bachruddin Bachruddin Faculty of Economic Universitas Islam Indonesia

DOI:

https://doi.org/10.21111/tijarah.v1i1.377

Keywords:

Japan disaster, capital market, Indonesia Stock Exchange

Abstract

This study aims to analyze international disaster event on the capital market activities, especially on the Indonesia Stock Exchange. Researcher analyzed the market reaction to the Japan disaster on March 11, 2011. This research using the data 45 companies (LQ-45) in Indonesia Stock Exchange and the event date is ten days before and ten days after the disaster. From the analysis showed that the event is not signifi cantly affecting the stock return and trading volume activity between pre and post the event. These result indicate that the Japan disaster give no impact to the investor on Indonesia Stock Exchange.

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Published

2015-06-30

How to Cite

Wijanarko, S. W., & Bachruddin, B. (2015). Effects of The Japan Disaster 2011 on the Stock Return and Trading Volume in Indonesia Stock Exchange. Al Tijarah, 1(1), 19–36. https://doi.org/10.21111/tijarah.v1i1.377

Issue

Vol. 1 No. 1 (2015): Al Tijarah | June

Section

Articles

License

The Authors submitting a manuscript do so on the understanding that if accepted for publication, copyright of the article shall be assigned to Al Tijarah journal and Departement of Management, Faculty of Economics and Management, University of Darussalam as publisher of the journal.