PERBANDINGAN PERGERAKAN INDEKS HARGA SAHAM GABUNGAN (IHSG) DENGAN INDEKS SAHAM SYARIAH INDONESIA (ISSI) SELAMA PANDEMI COVID 19
Abstract
The spread of the Covid-19 pandemic in almost all countries in the world has an impact on the global economy, including Indonesia. The research aims to provide an overview and analysis of the movement of the JCI and ISSI in the period from the Covid-19 pandemic to the start of the new normal period, so that it can be used to determine the impact of the Covid-19 pandemic on conventional and sharia stock exchanges in Indonesia. The population of the study was 342 daily data in the form of the closing value of stock transactions on the Indonesia Stock Exchange from January 2, 2019 until President Joko Widodo enforced the new normal way of life on June 5, 2020. While the sample used was data before the pandemic and during the pandemic before the new himbaun. Normal data, each with 62 data, both on an annual basis (year on year) and on a monthly basis (month on month). The data were processed using the independent t test method with the tools of the SPSS 23.00 program. The results showed that there was a significant difference between the movement of the JCI and the movement of the ISSI, both before and during the Covid 19 pandemic. both stocks indexed by the JCI and the ISSI decreased drastically, but on the last observation date, the decline was sloping or stable, it could be because the price had reached the lower limit.
Keywords : IHSG, ISSI , Index Movement, Pandemic
References
Anita. (2015). Analisis Perbandingan Kinerja Saham Syariah Sebelum Dan Sesudah Pengumuman Kenaikan BBM. Maqdis (Jurnal Kajian Ekonomi Islam).
Asiyah, B. N., Aini, I. N., Mahardika, R. P., & Laili, L. N. (2019). Analisis Dampak SUKUK Pada Perekonomian Nasional di Tengah Wabah Covid 19. Journal of Islamic Economics And Business, 53(9), 1689–1699. https://doi.org/10.1017/CBO9781107415324.004
Darmawan, A. R. (2018). Analisis Perbandingan Kinerja Portofolio Optimal Saham Syariah Sebelum Dan Sesudah Pelemahan Ekonomi Indonesia Tahun 2015 (Studi Kasus Pada JII Periode 2014-2016). UIN Walisongo Semarang, 2015.
Efendi, N. F. (2019). Analisis Perbandingan Kinerja Saham Syariah Dan Saham Konvensional Dalam Prekpektif Islam (Periode 2013-2017). Universitas Muhamamdiyah Sidoarjo.
Fajrin, S. S., Judul, H., Program, T., Ekonomi, F., Bisnis, D. A. N., Fakultas, D. A. N., Islam, A., & Surakarta, U. M. (2020). Analisis Faktor-Faktor Yang Mempengaruhi Indeks Saham Syariah Indonesia.
Febrianti, S. (2018). Analisis Perbandingan Kinerja Indeks Saham Syariah Dengan Indeks Saham Konvensional Periode 2015-2017 (Studi Kasus Pada JII dan LQ45). Prosiding SENDI_U 2018, 2017, 978–979.
Hadiwardoyo, W. (2020). Kerugian Ekonomi Nasional Akibat Pandemi Covid-19. Baskara: Journal of Business and Entrepreneurship, 2(2), 83–92. https://doi.org/10.24853/baskara.2.2.83-92
Hanoatubun, S. (2020). Dampak Covid-19 Terhadap Perekonomian Indonesia. EduPsyCouns Journal, 2(2), 146–153.
Irkhami, N. (2013). Islamic Ethical Invesment: Membincang Aspek Hukum dan Ekonomi Syariah. LP2M-Press IAIN Salatiga.
Juaningsih, I. N. (2020). Analisis Kebijakan PHK Bagi Para Pekerja Pada Masa Pandemi Covid-19 di Indonesia. ADALAH, 4, 189–196.
Kurniawansyah, H., Amrullah, Salahuddin, M., Muslim, & Nurhidayati, S. (2020). Konsep Kebijakan Strategis Dalam Menangani Eksternalitas Ekonomi Dari Covid-19 Pada Masyarakat Rentan di Indonesia. Indonesian Journal of Social and Humanities, 1, 1–476. https://doi.org/10.1017/CBO9781107415324.004
Lianti, Aryati, & Ramaya, N. (2017). Analisis Perbandingan Kinerja Reksadana Saham Syariah Dengan Reksadana Saham Konvensional di Indonesia. Jurnal Ekonomi Dan Bisnis, 18(2), 141–153.
Putra, I. Y. R., & Dinalestari, P. (2018). Analisis Perbandingan Return dan Risk Saham Konvensional Dan Syariah (Studi Pada Jakarta Islamic Index (JII) dan IDX 30 Periode 2014-2018). 1–11.
Rahmawati, N. (2015). Manajemen Investasi Syariah. IAIN Mataram.
Setiati, S., & Azwar, M. K. (2020). COVID-19 and Indonesia. Acta Med Indones J Intern Med, 52(1), 84–89.
Sholihah, A., & Asandimitra, N. (2017). Perbandingan Kinerja Indeks Saham Syariah Dengan Indeks Konvensional Periode 2011-2016 (Studi Kasus Pada ISSI dan IHSG). In Jurnal Ilmu Manajemen (Vol. 5).
Sugiyono, 2016. Metode Penelitian Kuantitatif, Kualitatif dan R&D. Bandung: Alfabeta.
Telaumbanua, D. (2020). Urgensi Pembentukan Aturan Terkait Pencegahan Covid-19 di Indonesia. QALAMUNA: Jurnal Pendidikan, Sosial, Dan Agama, 12(01), 59–70. https://doi.org/10.37680/qalamuna.v12i01.290
