PENGARUH ANALISIS FUNDAMENTAL TERHADAP PERGERAKAN HARGA SAHAM

This study will use fundamental analysis to determine inflation, exchange rates and interest rates simultaneously affect and partially to the stock price in banking industries in LQ 45 indexs. The population in this study are all banking companies in the index LQ 45 in the period from 2006 to 2009 Indonesia Stock Exchange. While the sample is taken as an object of study as many as 6 (six), banking, using purposive sampling technique. Based on multiple regression analysis shows that the variable inflation, exchange rates and interest rates simultaneously affect the stock price. In a partial test result, inflation variable does not significantly affect the stock price and interest rate variables also did not significantly influence stock prices. It can be concluded only partially variable exchange rates significantly influence stock price. Keywords : inflation, exchange rates, interest rates, stock price