@thesis{thesis,
		author={Arrahman  Arif},
		title ={REAKSI PASAR MODAL TERHADAP PENGUMUMAN PERTAMA 
KASUS POSITIF COVID-19 DI INDONESIA 
(STUDI KASUS PERUSAHAAN SEKTOR ANEKA INDUSTRI YANG 
TERDAFTAR DI BURSA EFEK INDONESIA)},
		year={2021},
		url={http://repository.unida.ac.id/1978/},
		abstract={ABSTRACT
This study aims to examine the reaction of the capital market to the announcement 
of the first positive cases of Covid-19 in Indonesia in manufacturing companies, 
especially the Multi-Industry sector listed on the Indonesia Stock Exchange. This 
study uses the Event Study method by taking the events of the first announcement 
of a positive case of Covid-19 in Indonesia which was published on March 2, 
2020 by the president of Indonesia, Joko Widodo. This research was conducted to 
determine the information content and to see the reaction of the event by looking 
at the difference between Average Abnormal Return and Average Trading Volume 
Activity. Data taken 7 days before and 7 days after the announcement of the first 
positive case of Covid-19 in Indonesia. The results showed that: (1) There was no 
significant difference in the average Abnormal Return between before and after 
the announcement of the first positive case of Covid-19 in Indonesia. (2) There is 
a significant difference in average Trading Volume Activity between before and 
after the announcement of the first positive case of Covid-19 in Indonesia.
Keywords : Abnormal Return, Trading Volume Activity, Event Study, Covid-19, 
Capital Markets.}
		}