Kinerja Jakarta Islamic Index Dimasa Pandemi Covid-19 Tahun 2020

  • Syafaat Muhari Institut Ilmu Al Quran Jakarta
Keywords: Saham Syariah, Covid-19, Moving Average

Abstract

Penelitian ini bertujuan untuk mengukur dampak Covid-19 terhadap Kinerja Jakarta Islamic Index dengan membagi pengukuran menjadi tiga periode. Periode Desember 2019 – Februari 2020 yang merupakan periode dimana Covid-19 sudah muncul namun belum resmi diumumkan di Indonesia, Periode Kedua saat Maret 2020 – Mei 2020 saat Pandemi resmi diumumkan dan berlaku pembatasan Sosial Bersakal Besar (PSBB), dan periode Juni 2020 – Desember 2020 saat PSBB telah dilonggarkan. Lebih lanjut penelitian ini juga akan menguji bagaimana peramalan return harian saham-saham syariah saat terjadi pandemi dengan menggunakan pengukuran Simple Moving Average (SMA). Penelitian ini memberikan temuan bahwa pandemi covid-19 menyebabkan ketidakpastian diawal-awal terjadi infeksi global dan return harian saham-saham syariah mengalami pertumbuhan yang negatif sepanjang periode PSBB. Dengan diperlonggarnya PSBB maka peluang untuk terus mencatatkan pertumbuhan return harian yang positif semakin besar karena aktivitas ekonomi telah berjalan kembali. Temuan lain dalam penelitian ini juga menunjukkan bahwa pergerakan JII sedikit turun pada saat awal pemberlakuan PSBB namun terbukti tetap stabil dalam jangka menengan dan panjang.

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Published
2021-02-21
Abstract viewed = 69 times
PDF (Bahasa Indonesia) downloaded = 58 times
How to Cite
Syafaat Muhari. (2021). Kinerja Jakarta Islamic Index Dimasa Pandemi Covid-19 Tahun 2020. Al-Mizan: Jurnal Hukum Dan Ekonomi Islam, 5(1), 60-76. https://doi.org/10.33511/almizan.v5n1.60-76