The Influence of Firm Fundamental and Macroeconomic to Stock Returns: A Case Study of Listed Banking Sector in IDX

This research aims to prove the influence of fundamental and macroeconomic factors to the stock return banking sector listed on Indonesia Stock Exchange (IDX). The analysis method used is the multiple regression panel data with fixed effect model. The fundamental factors of company used are the debt to equity ratio and firm size. The result proved that these variables significantly influence the stock return. In the other hand, macroeconomic factor, which are the interest rate and the exchange rate do not influence the stock return.