Abstract :
This study aims to determine the effect of Inflation, BI Rate, and exchange rate on
the composite stock price in the 2015-2019 period. This study is a quantitative
study using secondary data and the data collection technique used is
documentation. The data analysis technique used in this study is the classical
assumtion (Normality test, multicollinearity test, heteroscedasticity test, and
autocorrelation test) and hypothesis test with multiple linear regression. The
result obtained in this study are the inflation has not effect on the composite stock
price, the bi rate has not effect on the composite stock price, and exchange rate
has a significant and negative effect on the composite stock price.
Keywords : Composite stock price, Inflation, BI Rate, Exchange rate