Abnormal Return, Trading Volume Activity, And Security Return Variability Before And During The Russian Invasion Of Ukraine On The Stock Performance Of Pt Krakatau Steel (Persero) Tbk
Kata Kunci:
abnormal retrurn, Russian invasion of Ukraine , security return variability, Trading volume activityAbstrak
This research aims to determine whether there are differences in abnormal returns, trading volume activity, and security return variability before and during the Russian invasion of Ukraine on the share performance of PT Krakatau Steel (Persero) Tbk. This research is quantitative research with an event study approach. The research sample used was based on predetermined criteria using purposive sampling. The research results show that: (1) There is no difference in abnormal returns before and during the Russian invasion of Ukraine at PT Krakatau Steel (Persero) Tbk. (2) There is no difference in trading volume activity before and during the Russian invasion of Ukraine at PT Krakatau Steel (Persero) Tbk. (3) There is no difference in security return variability before and during the Russian invasion of Ukraine at PT Krakatau Steel (Persero) Tbk.
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