This study aims to examine the stock market reaction of lq 45 to the 2019 presidential and vice presidential elections. The sample used is LQ 45 shares listed on the Indonesia Stock Exchange (IDX) in 2019. The number of samples in this study is as many as 10 issuers. The study used a paired sample t test analysis by testing actual return and expected (normal) return to determine whether or not it was abnormal during the 2019 presidential and vice presidential elections. The results of this study show that it does not have a significant impact between the return market to the stock retun.

Keywords : President and Vice President 2019, LQ 45, Actual Return, Expected (Normal) Return, Abnormal Return.