Determinant of Stock Price of Indonesia Construction Sector

Abstract

This research has objective to explore determinant of stock prices of Construction Sector in Indonesia.  Data Panel Model is used to estimate coefficient model and variable relationships.  This research found that PBV, ROE, Sales Growth, Size and cement consumption are significantly positive to affect stock price, with different level of significant. Exchange rate, Inflation and Oil Price are significantly negative to affect stock price.

 Keywords: Stock Price, Size, PBV, Sales Growth, ROE, Exchange rate, Inflation, Oil Price, Cement Consumption.