The Impact of COVID-19 on Stocks Prices Change and Transaction Volume at Companies in Indonesia (Case Study at PT. Ramayana Lestari Sentosa, Tbk)
Journal: THE INTERNATIONAL JOURNAL OF BUSINESS MANAGEMENT AND TECHNOLOGY (Vol.6, No. 1)Publication Date: 2022-02-28
Authors : Desi Astuti;
Page : 06-6
Keywords : Shares prices; transaction volume; coronavirus disease.;
Abstract
The first COVID-19 case in Indonesia was announced on March 2, 2020. This study aims to determine whether there is a significant difference in stocks prices and stocks transaction volume due to the COVID-19 pandemic (case study at PT. Ramayana Lestari Sentosa, Tbk). This research data was taken 31 days before and 31 days after the announcement of the first case of COVID-19 in Indonesia. The data was processed using a paired sample t-test. From the results of the data processing, it was shown that there was a significant difference in stocks prices before and after the announcement of the first case of COVID-19 in Indonesia. This is indicated by a significance value of 0.00 < 0.05. Where stocks prices have decreased compared to before the Covid-19 case. Meanwhile, the volume of stocks transactions also shows a significant difference. Where the significance value is 0.01 <0.05. The volume of stocks transactions after the announcement showed an increasing value
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