Stock Investment During The COVID-19 Pandemic in Indonesia

The COVID-19 pandemic has hit various sectors, including the stock market where many people hesitate to invest in stocks. Many industries were affected by Covid-19 where since March 2020 Jakarta Composite Index has decreased because many investors have sold their stocks, but since the third week of May 2020 until early June 2020 has shown an increase indicating stocks trading is starting to show improvement. This study aims to analyze which sector stocks are still able to survive in the COVID-19 pandemic, using Active Stocks by Total Trading Volume, Active Stocks by Total Trading Value on Indonesia Stock Exchange, weekly and monthly market capitalization values with a sample of Top twenty stocks based on Total Trading Volume and Total Trading Value, on the Indonesian Stock Exchange (IDX) from March 2020 to June 2020, The Financial Services Authority weekly Statistics and the Indonesia Stock Exchange Monthly Statistics. The results showed that during the COVID-19 pandemic, investors could still benefit from investing in stocks if every decision made by the investor was supported by careful calculations. Investors must be careful in choosing which sectors to go. Investors need to do a fundamental analysis so that they are not mistaken in placing funds, and diversification stocks to reduce the risk of loss which is too big to invest. If the situation returns to normal, all sectors will rise again with adjustments following the new normal protocol. Stocks of the consumer industry sector, the telecommunications sector such as data, towers and the health sector such as pharmaceuticals and hospitals are stocks that can be chosen by investors during the COVID-19 pandemic.