The Effect Of The Stock Market Reaction To The Events Of The Covid 19 Pandemic In The Pharmaceutical Sector In The Indonesia Stock Exchange

Imroatussaniyyah Caesaria, Sudarto Sudarto, Intan Shaferi


The Indonesian capital market is an important component that can affect the country's economic progress. During the Covid-19 period, there was rapid growth in the pharmaceutical company's capital market. This study aims to analyze the effect of stock prices and stock sales volume on the Covid 19 pandemic in the pharmaceutical sector on the Indonesia Stock Exchange. This research is an event study, a research conducted based on the impact of the announcement of securities price information. This study shows that there is no difference in abnormal returns before and after the announcement of the covid-19 pandemic.

Keywords: Capital Market, Stock Price, Stock Trading Volume, Covid 19 Pandemic

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