THE EFFECT OF WORLD OIL PRICES & EXCHANGE RATES ON THE STOCK PRICES AMONG LISTED COMPANIES IN INDONESIA

Stock price is the market value of a company on the Indonesia Stock Exchange at a certain time, which is determined by the demand and supply of the shares concerned in the capital market. The purpose of this study is to find out whether factors such as world oil prices, exchange rates, economic growth, inflation, etc. affect the share price of a company in the country over a certain period of time and how these effects affect companies listed on the Indonesia Stock Exchange. For this reason, researchers found methods and data collection, namely descriptive statistical analysis, classical acceptance tests consisting of normality tests, autocorrelation tests, heteroscedasticity tests, and multicollinearity tests. The results of this study, with the help of appropriate research and data collection methods, show that world oil prices do not affect stock prices, nor do exchange rates affect the prices of stocks listed on the Indonesian stock exchange. This study still has many shortcomings, so it is necessary to conduct additional research to support it and confirm the results of previous studies. This Research also includes a discussion, limitations, recommendations, and conclusion.