Day Of The Week Effect dan Implikasinya terhadap Investor

DOI: https://doi.org/10.55264/jumabis.v7i1.95

Hesti Murwaniputri(1*), Donny Tupamahu(2), Rhidho Achyatul Havitz(3)

(1) Universitas Cenderawasih
(2) Universitas Cenderawasih
(3) Universitas Cenderawasih
(*) Corresponding Author

Abstract


This study aims to find out whether there is a Day of the week effect on stock trading, and what are the implications of the day-of-the-week effect for investors in Jayapura City. The sample for this research is a company that is included in IDX80 for the period February 2021-January 2022. The data analysis method uses Kruskal Wallis and Man Whitney. The results of the study found that the day-of-the-week effect occurred on stocks included in the IDXV80 period from February 2021-January 2022. There was no Monday effect on stocks included in the IDXV80 period from February 2021-January 2022. There was a weekend effect on stocks included in the IDXV80 period from February 2021-January 2022, young investors in Jayapura City have not used the anomalies in the capital market as momentum for making investment decisions.

Keywords


Day of the Week Effect; Investor Kota Jayapura; Monday Effect; Weekend Effect

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References


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DOI: https://doi.org/10.55264/jumabis.v7i1.95

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Copyright Jurnal Manajemen dan Bisnis (Journal of Management and Business). ISSN: 2615-0425 (Print) dan 2622-7142 (Online). Published by: Jurusan Manajemen, Fakultas Ekonomi dan Bisnis, Universitas Cenderawasih.

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