Juni 2024

Universitas Islam Negeri Maulana Malik Ibrahim Malang

S1 • Management • IPK 3.75

Mei 2020

SMKN 1 PURWOSARI

SMA/SMK • Teknik Komputer dan Jaringan • Nilai rata-rata: 85

Januari 2024

Capital Market and Macroeconomic Reaction to The Hamas-Israel Conflict 2023 • Project Base

The research examines the capital market and macroeconomic reactions of UN-12 countries before and after the Hamas-Israel conflict 2023. It based on differences in abnormal returns, return variability, trading volume, exchange rates, oil prices, and gold prices before and after the conflict using the event study method (-5, +5). Statistical tests applied paired sample t-test and the Wilcoxon signed-rank test (non-parametric test). The US, China, Saudi Arabia, and Indonesia markets simultaneously have differences in AR, return variability, and trading volume. Dollar value was relatively stable during the conflict. Oil price reaction was dominant in UAE, Saudi Arabia, and Qatar. Gold prices reacted in almost all markets. This research is limited to cross-country level, the results are considered homogeneous across all markets. Future research could investigate specific sectors and isolate external events to validate the results. Empirical results are important for policymakers and investors in decision-making against geopolitical risks. Investors turn to gold as a safe-haven asset during conflicts. This is the first study to examine the Hamas-Israel conflict 2023 on capital markets and macroeconomics across UN member.
https://doi.org/10.21919/remef.v20i4.1010

September 2023

Eleven Sectors Reaction to The Political Event 2023: Evidence from Indonesia Stock Exchange • Project Base

Research aims: This study analyzes the differences in market reaction towards eleven sectors in the Indonesia Stock Exchange (IDX) during the political event, i.e., the announcement of the Indonesian presidential and vice-presidential nominees in 2023.Design/Methodology/Approach: This study applied the event study method with indicators of abnormal return, trading volume activity, security return variability, and bid-ask spread. The hypothesis test was a non-parametric test by Wilcoxon Signed Rank Test with a window period of seven days of observation (-3, 0, +3).Research findings: The Wilcoxon Signed Rank Test results revealed a mixed reaction by eleven sectors in IDX to this political event, in which there was a difference and no difference in the reactions.Theoretical contribution/Originality: This study contributes to providing insight into the reaction of eleven different sectors in the IDX to the different announcements of the Indonesian presidential and vice-presidential nominees in 2023. Previous research usually focused on stock indices or only testing one particular sector. Hence, this study investigated eleven sectors in the capital market to compare the different reactions and to expand the results.Practitioner/Policy implication: Research on capital market reactions to political events provides important information for investors to make investment decisions based on investor sentiment that assesses the electability.
https://doi.org/10.18196/jai.v25i2.21000

Juli 2023

PT Bank Tabungan Negara (Persero) Tbk • Magang

• Mendata dan mengarsipkan kelengkapan dokumen pinjaman nasabah KPR sesuai SOP
• Mencatat dan memastikan kelengkapan identitas nasabah KPR sesuai pada data di Ms. Excel dan dokumen fisik
• Melakukan registrasi nasabah KPR melalui website Badan Pertanahan Nasional untuk mengajukan Sertifikat Hak Tanggungan dan ROYA (bukti pelunasan), kemudian menyesuaikan datanya di Ms. Excel

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