Pengaruh Atensi Investor terkait COVID-19 dan Kasus COVID-19 yang Terkonfirmasi Terhadap Return Indeks Pasar Saham: Analisis Harian Mikrostruktur Pasar Saham Negara Indonesia, Malaysia, Thailand, Singapura dan Filipina pada Periode 2020-2022

Deskripsi

This study aims to examine the effect of investor attention as measured by the Google search volume index (SVI) and confirmed cases of COVID-19 on stock market index returns in Indonesia, Malaysia, Thailand, Singapore and the Philippines within the period of 2020 – 2022 which consists of 5 ASEAN countries with the highest level of GDP and confirmed cases of COVID-19. The research method used is panel data regression with the common effect model or pooled least square (PLS). There are findings that the Google search volume index (SVI) has a significant and negatively correlated effect on the country's stock market index returns. Then, confirmed cases of COVID-19 as an independent variable in the study showed an insignificant effect and a positive correlation on the return of the country's stock market index.Ada Tabel