Gold Price and Asian Indexes Drive Indonesia Composite Index Growth.
The study looked at how different global stock market indexes, gold prices, and economic factors affect Indonesia's stock market. They used data analysis to see which factors influenced the Indonesia Composite Index. The results showed that some indexes like NIKKEI 225 and KOSPI, along with gold prices, had a positive impact on the Indonesia Composite Index. However, other factors like DJIA, FTSE100, Hang Seng, money supply, and net exports did not have a significant influence. Investors and companies can use this information to make better decisions about investing in Indonesian stocks. Future research could explore more factors like inflation, exchange rates, and GDP to better understand stock market trends.