Analisis Determinan Harga Saham Pada Industri Telekomunikasi yang Terdaftar di Bursa Efek Indonesia (BEI)

Investment in capital market gives many benefits for investors, companies and the government. The price of stock is one of the factor that used to choose the stock which will be buy. Most of investor used a analysis technic for the investment. The purpose is to get stock with the proper price. The common technic for analysing is fundamental analysis and technical analysis.The aim of this study is to examine the impact of Earning per Share (EPS), Return on Equity (ROE), and IHSG toward to telecommunication industry stock price at Indonesia Stock Exchange (BEI). This study is conducted on 3 telecommunication industry stock at Indonesia Stock Exchange (BEI) which included LQ45 during period 2006-2008. Analysis method which use is Fixed Effect Model (FEM).The result of the study shows that simutaneously, Earning per Share (EPS), Return on Equity (ROE), and Indeks Harga Saham Gabungan (IHSG) variabel are significant in influencing the return of telecommunication stock at Indonesia Stock Exchange (BEI) . As partial, Earning per Share (EPS), Return on Equity (ROE) are no significant impact to the return of telecommunication stock at Indonesia Stock Exchange. But, Indeks Harga Saham Gabungan (IHSG) are significant toward to the return of telecommunication stock at Indonesia Stock Exchange during 2003-2008.