PASAR MODAL INDONESIA DAN PERANG DAGANG AS-CHINA: PERSEPKTIF ABNORMAL RETURN

Abstract

This study was to the conditions of AR and ATVA before and after the US-China trade war, and to know the difference in abnormal returns and abnormal trading volume activity before and after US-China trade war in LQ-45 companies. This research uses event study. This study uses secondary data, namely research data directly through intermediary media and is data obtained and recorded by other parties or second parties. Data in the form of documents and information in the form of relationships with other objects is daily stock price data that can be accessed through the official website of the Indonesia Stock Exchange. The results showed: (1.) Conditions of abnormal return and abnormal trading volume activity before and after the events of the trade war experienced fluctuating movements with negative trends. (2.) There is a significant difference in abnormal returns before and after the US-China trade war. (3) There is no significant difference in abnormal trading volume activity before and after the US-China trade war. Keywords: Abnormal return and Abnormal Trading Volume Activity, US-China Trade War