The Indonesian stock market performance during COVID-19 pandemic / Nurul Fatihah Ab Rahman

The pandemic of COVID-19 has spread worldwide with the first case was identified in Wuhan, China at the end of year 2019 and resulting around 185 million of confirmed cases in the world in the middle of the year 2021. This pandemic has affected the economic and financial not only in Indonesia but also others country. This research conducted to analyse the impact of COVID-19 pandemic towards stock market performance in Indonesia. As for further research, the dependent variable used in this research is Indonesia stock market performance and there were two independent variables which are Exchange Rate and COVID-19. The indicators that used for pandemic was measured by daily cases while exchange rate was measured by price index. This study used the sample period from 2nd March 2020 until 2nd March 2021. By using the method of secondary data, the result shows that Exchange Rate has a negative significant relationship with stock market performance in Indonesia meanwhile COVID-19 has a positive significant relationship with Indonesia stock market performance. Therefore, this research can help investors to make a good choice in order to invest in Indonesian stock market during this pandemic.