Analysis of Abnormal Returns and Bid-Ask Spread Before and After the Announcement of Reduction in Fuel Oil Prices (BBM) in 2023 (Study Event at Food and Beverage Sub Sector Manufacturing Companies Listed on the Indonesia Stock Excha

Authors

  • Herlina Yuliana Astuti Shantibhuana Institute
  • Jones Parlindungan Nadapdap Shantibhuana Institute
  • Patricia Armilete Shantibhuana Institute
  • Yefta Shantibhuana Institute
  • Astri Anggreni Shantibhuana Institute

Keywords:

Abnormal Return, bid ask spread, even stud

Abstract

The background of this research is the influence of the bid-ask spread and abnormal returns before and after the announcement of the reduction in the price of fuel oil (BBM) that will occur in 2023. The decline in fuel oil shows a difference in demand and supply as well as the actual profit the company gets from the stock price. in the capital market in mining companies. The purpose of this study is to analyze the influence of demand and supply and see the benefits that mining companies get. This research uses quantitative methods. Collecting data related to mining subsector company stock prices 7 days before and after the decline in fuel prices, using 5 sample companies and testing the hypothesis of each variable.

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Published

2023-06-09

How to Cite

Herlina Yuliana Astuti, Jones Parlindungan Nadapdap, Patricia Armilete, Yefta, & Astri Anggreni. (2023). Analysis of Abnormal Returns and Bid-Ask Spread Before and After the Announcement of Reduction in Fuel Oil Prices (BBM) in 2023 (Study Event at Food and Beverage Sub Sector Manufacturing Companies Listed on the Indonesia Stock Excha. Proceeding ADRI International Conference on Multidisciplinary Research, 1(1), 228–240. Retrieved from https://prosiding.p-adri.or.id/index.php/icadri/article/view/34

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Vol. 1 No. 1 (2023): June

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