ANALISIS PENGARUH SUKU BUNGA, NILAI TUKAR DAN INFLASI TERHADAP RETURN MARKET (Studi Pada Indeks Harga Saham Gabungan di Bursa Efek Negara ASEAN Tahun 2010-2019)

The purpose of this study was to analyze the effect of interest rates, exchange rates and inflation on market returns (study on the Composite Stock Price Index on the ASEAN Stock Exchange 2010-2019). The data used is secondary data obtained from the Indonesia Stock Exchange, the Malaysia Stock Exchange, the Stock Exchange of Singapore, the Stock Exchange of Thailand, the Philippines Stock Exchange and the World Bank in 2010-2019. The analytical method used in this research is multiple linear analysis. The results of this study indicate that the F- Test value is greater than 0.05, which means that Interest Rates, Exchange Rates and Inflation directly have a significant effect on the market return of the JCI in 5 ASEAN countries