| This research was conducted in order to obtain understanding and provide empirical evidence on the effect of BI rate, inflation, Rupiah-USD exchange rate, trade balance, Nikkei 225 Index, Hang Seng Index, and Straits Times Index on Indonesia Composite Index.This research uses secondary data by looking at monthly closing data of each variables during 2006-2016. The analysis method used is multiple regression processed with SPSS 22. The results showed BI rate, inflation, Nikkei 225 Index, and Hang Seng Index affect the Composite Stock Price Index. While the Rupiah-USD exchange rate, trade balance, and Straits Times Index does not affect the Indonesia Composite Index. |