Authors :
Miftahul Jannah Alwi; Dian Anggraece Sigit Parwansa; Erlina Pakki
Volume/Issue :
Volume 7 - 2022, Issue 6 - June
Google Scholar :
https://bit.ly/3IIfn9N
Scribd :
https://bit.ly/3vpU34V
DOI :
https://doi.org/10.5281/zenodo.6930300
Abstract :
This study aims to analyze the reaction of the
capital market due to events announcement of the first case
of covid-19 on March 2, 2020, at sub companies automotive
and components sector, to prove the capital market
reaction by looking at indicators of abnormal return,
trading volume activity and frequency stock trades. This
research is an event study, and the data collected collected
in this study will be tested by statistical test one sample test
andpaired sample test for normally distributed, while one
sample wilcoxon sing rank test and paired wilcoxon test for
distributed data not normal. The results showed abnormal
Keywords :
Abnormal Return, Trading Volume Activity, and Frequency Stocktrades
This study aims to analyze the reaction of the
capital market due to events announcement of the first case
of covid-19 on March 2, 2020, at sub companies automotive
and components sector, to prove the capital market
reaction by looking at indicators of abnormal return,
trading volume activity and frequency stock trades. This
research is an event study, and the data collected collected
in this study will be tested by statistical test one sample test
andpaired sample test for normally distributed, while one
sample wilcoxon sing rank test and paired wilcoxon test for
distributed data not normal. The results showed abnormal
Keywords :
Abnormal Return, Trading Volume Activity, and Frequency Stocktrades
