Pengaruh Right Issue Terhadap Volume Perdagangan Saham Dan Return Saham Perusahaan Yang Terdaftar Di Bursa Efek Indonesia Tahun 2010-2013

  Lampran 1 Data Perusahaan Yang Melakukan Right Issue NO KODE EMITEN NAMA PERUSAHAAN TANGGAL

  20 RAJA Rukun Raharja Tbk

  15 CFIN Clipan Finance Indonesia Tbk

  30 September 2011

  16 AMAG Asuransi Multi Artha Guna Tbk

  04 Oktober 2011

  17 PNLF Panin Financial Tbk

  02 November 2011

  18 AISA Tiga Pilar Sejahtera Food Tbk

  01 Desember 2011

  19 KIAS Keramik Indonesia Assosiasi Tbk

  23 Februari 2012

  07 Mei 2012

  14 BDMN Bank Danamon Indonesia Tbk

  21 NISP Bank OCB NISP Tbk

  29 Mei 2012

  22 BSIM Bank Sinarmas Tbk

  22 Juni 2012

  23 SUPR Solusi Tunas Pratama Tbk

  15 Agustus 2012

  24 COWL Cowell Development Tbk

  26 November 2012

  25 INPC Bank Artha Graha Internasional Tbk

  14 Desember 2012

  26 TRIM Trimegah Securities Tbk

  07 September 2011

  20 Juni 2011

  Right Issue

  26 November 2010

  1 ENRG Energi Mega Persada Tbk

  08 Januari 2010

  2 AKRA AKR Korporindo Tbk

  28 Januari 2010

  3 APLI Asiaplast Industries Tbk

  02 Juni 2010

  4 BABP Bank ICB Bumiputera Tbk

  30 Juni 2010

  5 ABBA Mahaka Media Tbk

  07 Juli 2010

  6 BSDE Bumi Serpong Damai Tbk

  7 BBNI Bank Negara Indonesia Tbk

  13 DOID Delta Dunia Makmur Tbk

  02 Desember 2010

  8 LPKR Lippo Karawaci Tbk

  06 Desember 2010

  9 BBKP Bank Bukopin Tbk

  02 Februari 2011

  10 BMRI Bank Mandiri (Persero) Tbk

  07 Februari 2011

  11 EPMT Enseval Putera Megatrading Tbk

  09 Maret 2011

  12 UNTR United Tractors Tbk

  09 Mei 2011

  05 April 2013

  Lampiran 2

Volume Perdagangan Saham Sebelum Dan Sesudah Right Issue

  15 CFIN 13,083,000 16,253,000 21,573,000 24,253,500 8,043,000 9,228,000 7,756,000 7,911,500 5,841,000 4,753,500 12,195,500 10,412,000,000

  28 AGRO 112,500 251,500 10,500 144,000 124,500 24,000 1,078,500 28,500 116,500 8,000 636,500 10,000,000,000

  27 KPIG 972,500 1,360,000 2,216,500 1,835,000 3,831,000 430,000 684,000 332,500 4,243,500 2,168,500 14,000,000,000

  26 TRIM 382,000 643,500 643,500 194,000 592,500 935,000 79,500 103,000 2,544,500 6,810,500 13,600,000,000

  25 INPC 1,753,500 695,500 616,000 506,000 2,089,000 712,500 1,803,000 644,500 787,500 965,500 4,055,000 8,575,076,227

  24 COWL 2,178,500 1,029,000 1,595,000 4,610,500 7,398,000 7,377,000 9,602,500 8,492,500 1,358,000 8,797,500 2,000,000,000

  2,000,000,000

  23 SUPR 52,500 75,000 75,000 28,000 5,500 222,000 30,500

  22 BSIM 161,500 108,500 33,500 203,000 349,000 1,165,500 754,000 34,500 132,000 328,000 5,435,500 20,000,000,000

  21 NISP 1,000 1,000 51,000 51,000 20,000 28,000 7,500 36,000 36,000 20,106,000 359,000 28,000,000,000

  20 RAJA 1,904,000 7,637,500 1,969,500 1,113,500 2,506,500 1,538,500 1,029,000 596,500 764,500 2,567,000 1,787,500 2,718,055,000

  19 KIAS 45,240,000 18,020,000 12,392,500 26,409,500 12,105,000 16,119,000 7,259,500 1,788,500 2,311,500 5,853,000 9,144,000 16,680,000,000

  18 AISA 6,517,000 2,978,500 2,935,500 4,453,000 5,066,500 5,615,000 19,382,500 27,652,000 23,745,000 12,007,500 4,787,500,000

  17 PNLF 47,503,000 77,986,500 97,771,000 95,604,500 115,981,500 123,147,500 89,418,000 78,775,500 25,031,500 96,657,000 371,419,000 95,850,000,000

  16 AMAG 4,740,500 11,790,000 8,707,000 2,340,000 2,365,000 7,061,500 3,799,000 545,500 8,377,500 10,444,000 16,303,000 3,840,000,000

  14 BDMN 1,596,000 2,416,000 1,849,000 7,711,000 7,650,000 7,451,500 6,217,000 2,355,000 1,420,500 3,244,500 3,873,500 17,782,400,000

  Sumber: http://finance.yahoo.com/ (Data Diolah) NO KODE

  5 ABBA 72,500 49,000 50,000 50,000 15,500 130,000 31,000 6,500 6,500 3,000 2,400,000,000

  Volume Perdagangan

  Jumlah Saham Beredar H-5 H-4 H-3 H-2 H-1 H-0 H+1 H+2 H+3 H+4 h+5

  1 ENRG 41,281,500 65,171,500 223,533,000 340,578,500 288,657,500 426,939,500 273,026,500 463,671,500 127,521,500 136,480,500 978,286,500 55,000,000,000

  2 AKRA 16,725,000 16,223,500 10,688,500 18,865,500 10,127,000 10,280,500 12,770,000 8,834,500 12,019,000 34,760,500 27,713,000 7,500,000,000

  3 APLI 7,895,500 2,922,500 1,285,500 4,760,500 3,596,500 834,500 8,353,500 12,068,500 5,526,000 4,322,500 4,000,000,000

  4 BABP 10,500 7,000 8,500 8,500 1,000 1,000 1,000 1,000 1,000 1,000 1,000 20,000,000

  6 BSDE 20,119,000 12,901,500 21,222,500 10,834,500 9,960,000 19,038,500 5,733,500 38,671,500 3,191,500 15,004,000 22,537,500 20,000,000,000

  13 DOID 33,388,000 23,865,500 15,896,500 28,482,000 23,813,000 25,164,000 31,720,500 11,211,500 8,886,500 14,820,500 26,643,500 27,000,000,000

  7 BBNI 31,836,000 28,665,000 18,790,000 21,605,500 37,753,000 28,128,500 106,488,500 46,886,500 87,977,000 19,903,500 161,284,000 34,502,504,527

  8 LPKR 169,634,500 108,357,500 124,205,500 107,830,500 116,028,000 300,387,000 62,857,500 144,597,000 69,166,500 26,633,000 124,505,500 40,000,000,000

  9 BBKP 3,958,000 5,023,000 4,319,500 4,981,000 8,201,000 13,283,000 12,448,500 7,515,000 20,164,500 11,129,000 29,757,500 22,887,540,178

  10 BMRI 47,943,500 71,835,500 53,464,500 34,515,500 29,724,000 32,680,000 89,678,000 73,635,000 55,174,500 33,849,000 46,886,000 32,000,000,000

  11 EPMT 500 500 93,000 27,000 39,500 494,500 177,500 5,871,500 20,500 5,914,000 271,000 9,120,000,000

  12 UNTR 1,014,500 2,699,000 4,338,000 5,707,000 7,189,500 4,395,000 3,923,500 2,879,000 2,742,500 2,852,000 7,761,000 6,000,000,000

  29 INDX 2,022,500 4,816,500 2,233,500 1,271,500 963,000 1,585,500 612,000 622,500 900,500 3,650,000 2,624,500 1,079,452,000

  Trading Volume Activity Sebelum Dan Sesudah Right Issue

NO CODE

  TVA

H-5 H-4 H-3 H-2 H-1 H+1 H+2 H+3 H+4 H+5

  3 APLI 0.00197388 0.00073063 0.00032138 - 0.00119013 0.00089913 0.00020863 0.00208838 0.00301713 0.00138150

  18 AISA 0.00136125 0.00062214 0.00061316 0.00093013 0.00105828 - 0.00117285 0.00404856 0.00577587 0.00495979

  1 ENRG 0.00075057 0.00118494 0.00406424 0.00619234 0.00524832 0.00776254 0.00496412 0.00843039 0.00231857 0.00248146

  29 INDX 0.00187364 0.00446199 0.00206911 0.00117791 0.00089212 0.00146880 0.00056695 0.00057668 0.00083422 0.00338135 Sumber: http://finance.yahoo.com/ (Data Diolah)

  28 AGRO 0.00001125 0.00002515 0.00000105 0.00001440 0.00001245 0.00000240 0.00010785 0.00000285 0.00001165 0.00000080

  27 KPIG 0.00006946 0.00009714 0.00015832 - 0.00013107 0.00027364 0.00003071 0.00004886 0.00002375 0.00030311

  26 TRIM - 0.00002809 0.00004732 0.00004732 0.00001426 0.00004357 0.00006875 0.00000585 0.00000757 0.00018710

  25 INPC 0.00020449 0.00008111 0.00007184 0.00005901 0.00024361 0.00008309 0.00021026 0.00007516 0.00009184 0.00011259

  24 COWL - 0.00108925 0.00051450 0.00079750 0.00230525 0.00369900 0.00368850 0.00480125 0.00424625 0.00067900

  23 SUPR 0.00002625 0.00003750 0.00003750 0.00001400 0.00000275 0.00011100 0.00001525 - - -

  22 BSIM 0.00000808 0.00000543 0.00000168 0.00001015 0.00001745 0.00005828 0.00003770 0.00000173 0.00000660 0.00001640

  21 NISP 0.00000004 0.00000004 0.00000182 0.00000182 0.00000071 0.00000100 0.00000027 0.00000129 0.00000129 0.00071807

  20 RAJA 0.00070050 0.00280991 0.00072460 0.00040967 0.00092217 0.00056603 0.00037858 0.00021946 0.00028127 0.00094443

  19 KIAS 0.00271223 0.00108034 0.00074296 0.00158330 0.00072572 0.00096637 0.00043522 0.00010722 0.00013858 0.00035090

  17 PNLF 0.00049560 0.00081363 0.00102004 0.00099744 0.00121003 0.00128479 0.00093290 0.00082186 0.00026115 0.00100842

  4 BABP 0.00052500 0.00035000 0.00042500 0.00042500 0.00005000 0.00005000 0.00005000 0.00005000 0.00005000 0.00005000

  16 AMAG 0.00123451 0.00307031 0.00226745 0.00060938 0.00061589 0.00183893 0.00098932 0.00014206 0.00218164 0.00271979

  2 AKRA 0.00223000 0.00216313 0.00142513 0.00251540 0.00135027 0.00137073 0.00170267 0.00117793 0.00160253 0.00463473

  14 BDMN 0.00008975 0.00013586 0.00010398 0.00043363 0.00043020 0.00041904 0.00034962 0.00013243 0.00007988 0.00018246

  13 DOID 0.00123659 0.00088391 0.00058876 0.00105489 0.00088196 0.00093200 0.00117483 0.00041524 0.00032913 0.00054891

  12 UNTR 0.00016908 0.00044983 0.00072300 0.00095117 0.00119825 0.00073250 0.00065392 0.00047983 0.00045708 0.00047533

  11 EPMT 0.00000005 0.00000005 0.00001020 0.00000296 0.00000433 0.00005422 0.00001946 0.00064380 0.00000225 0.00064846

  10 BMRI 0.00149823 0.00224486 0.00167077 0.00107861 0.00092888 0.00102125 0.00280244 0.00230109 0.00172420 0.00105778

  9 BBKP 0.00017293 0.00021946 0.00018873 0.00021763 0.00035832 0.00058036 0.00054390 0.00032834 0.00088103 0.00048625

  8 LPKR 0.00424086 0.00270894 0.00310514 0.00269576 0.00290070 0.00750968 0.00157144 0.00361493 0.00172916 0.00066583

  7 BBNI 0.00092272 0.00083081 0.00054460 0.00062620 0.00109421 0.00081526 0.00308640 0.00135893 0.00254987 0.00057687

  6 BSDE 0.00100595 0.00064508 0.00106113 0.00054173 0.00049800 0.00095193 0.00028668 0.00193358 0.00015958 0.00075020

  5 ABBA 0.00003021 0.00002042 0.00002083 0.00002083 0.00000646 0.00005417 0.00001292 0.00000271 0.00000271 -

  15 CFIN 0.00125653 0.00156099 0.00207194 0.00232938 0.00077247 0.00088629 0.00074491 0.00075984 0.00056099 0.00045654

  

Actual Return Saham Sebelum Dan Sesudah Right Issue

NO KODE

  1 ENRG -0.020304569 0.025906736 0.01010101 0.02500000 -0.068292683 0.02094241 -0.015384615 -0.005208333 -0.057591623

  2 AKRA -0.015267176 -0.03875969 0.00000000 0.008064516 -0.056 -0.00847458 0.008547009 -0.042372881

  3 APLI -0.075949367 0.054794521 -0.038961039 0.02702703 0.013157895 0.03896104 0.05 -0.05952381 -0.012658228

  4 BABP 0.057377049 -0.263565891 -0.12631579 0.00000000

  5 ABBA -0.010869565 0.021978022 -0.03225806 0.044444444 -0.031914894 0.03296703 -0.031914894

  6 BSDE 0.034482759 0.022222222 -0.043478261 0.05681818 0.010752688 -0.042553191 0.10000000 -0.03030303 -0.010416667 0.021052632

  7 BBNI 0.052287582 -0.02484472 0.031847134 0.08641975 -0.011363636 0.08045977 -0.08510638 -0.052325581 0.012269939 -0.036363636

  8 LPKR 0.029850746 -0.014492754 0.014705882 0.02898551 0.028169014 -0.02739726 0.01408451 -0.013888889

  9 BBKP 0.016393443 -0.016129032 -0.016393443 0.03333333 -0.016129032 -0.032786885 -0.01694915 -0.017241379 -0.035087719 -0.018181818

  10 BMRI 0.008333333 -0.016528926 0.025210084 -0.02459016 0.008403361 -0.008333333 -0.04201681 -0.01754386 -0.008928571 0.009009009

  11 EPMT 0.0125 -0.012345679 -0.01250000 -0.037974684 0.065789474 -0.02469136 -0.012658228

  12 UNTR 0.004301075 0.004282655 0.036247335 0.002057613 -0.02669405 -0.012658228 -0.040598291 0.02004454 -0.015283843 -0.00443459 -0.028953229

  13 DOID -0.027522936 0.009433962 -0.018691589 -0.028571429 -0.02941176 0.03030303 0.00980392 0.009708738 -0.028846154

  14 BDMN

• 0.009615385 -0.009708738 0.019607843 0.048076923 0.00000000 0.036697248 -0.026548673 -0.02727273 -0.018691589 -0.028571429 0.019607843
• 0.076923077 0.152777778 0.072289157 -0.02247191 -0.034482759 -0.083333333 -0.02597403 0.013333333 0.052631579

  15 CFIN

  24 COWL -0.023255814 0.02380952 -0.023255814 -0.023809524 -0.02926829 -0.040201005 -0.010471204 0.042328042

  Sumber: http://finance.yahoo.com/ (Data Diolah)

  29 INDX 0.070422535 0.131578947 -0.069767442 -0.05 0.00000000 -0.026315789 -0.081081081 -0.05882353 0.140625 -0.02739726

  28 AGRO 0.017094017 0.033613445 0.016260163 0.008 -0.02380952 -0.008130081 -0.016393443 -0.00833333 0.008403361 0.016666667 -0.016393443

  27 KPIG -0.020979021 -0.014285714 -0.007246377 -0.04379562 -0.045801527 -0.04 0.00000000 -0.016666667 0.008474576 0.016806723

  26 TRIM 0.037037037 -0.008928571 -0.02702703 0.064814815 -0.113043478 -0.00980392 -0.00990099 -0.15 -0.011764706

  25 INPC 0.008928571 -0.017699115 0.00900901 -0.008928571 0.00000000 0.009009009 -0.017857143

  23 SUPR -0.005050505 0.00000000 0.005076142 -0.01010101 0.00000000

  0.02

  22 BSIM 0.020408163 0.02 -0.019607843 0.02000000 0.098039216 -0.125 0.00000000 -0.020408163 -0.0625

  21 NISP -0.014084507 0.00000000 0.014285714 -0.11971831 0.00000000 -0.04

  20 RAJA -0.154761905 0.014084507 0.013888889 0.00000000 -0.01369863 -0.04166667 -0.043478261 0.045454545 -0.028985507

  19 KIAS -0.043103448 0.018018018 -0.008849558 0.026785714 0.00869565 -0.025862069 -0.053097345 -0.01869159 0.00952381 0.028301887 -0.036697248

  18 AISA 0.014705882 -0.014492754 -0.029411765 0.03030303 -0.073529412 -0.06349206 -0.050847458 0.017857143 -0.01754386

  17 PNLF 0.017241379 0.008474576 0.016806723 -0.01652893 0.008403361 -0.041666667 0.01739130 0.008547009 0.016949153

  16 AMAG -0.061349693 0.130718954 -0.028901734 -0.017857143 -0.04848485 -0.063694268 -0.034013605 0.00704225 0.048951049

• 0.021591607 -0.009906674 0.026254759 0.019747169 0.003683904 -0.007685041 -0.022491047 0.009776573 0.01113435 0.004406995 -0.002419791
• 0.00518828 -0.036591675 0.072653652 0.006355728 0.030597807 -0.02586737 0.003328917 0.028276901 0.004365026 -0.025863809 0.010817277
• 0.002484789 -0.003339478 -0.003658382 0.011300269 0.002955528 -0.021098003 0.007019496 -0.013532715 -0.000939375 0.002002403 0.011590727

  14 BDMN -0.000686245 -0.000689318 0.006361717 0.006155963 0.028653177 0.000989646 -0.001720182 -0.025604602 -0.005477244 -0.019546916

  28 AGRO 0.038213389 0.019185959 0.030615409 -0.008601548 -0.010204188 -0.032048978 0.001044318 0.004557032 -0.03675798 -0.006725881 0.016994414

  27 KPIG -0.011895548 -0.019192563 0.01010993 -0.004060451 -0.02717337 -0.01807692 -0.035044386 0.01907396 -0.019204407 0.033222937 0.002890307

  26 TRIM 0.002615613 -0.000690145 0.003983733 0.004885773 -0.011815789 0.000702879 -0.005795695 0.000422663 -0.004512622 0.009591018 0.002629837

  25 INPC

  24 COWL 0.004432051 -0.008696292 -0.000248062 0.001138585 0.00431985 0.002970528 0.006061428 -0.008607666 -0.007536582 0.003314889 -0.009944224

  23 SUPR 0.000132415 0.00462165 0.005047005 -0.007503351 -0.00022509 0.004106364 0.007662462 0.000800569 -0.003047462 0.003316155 -0.004327195

  22 BSIM 0.00698646 0.011013302 0.00535211 0.016254297 -0.010677248 -0.003144711 -0.008209239 0.006172247 0.013775957 -0.012020727 0.017494219

  21 NISP 0.020555264 -0.009828156 0.000826305 -0.020668177 0.00414605 9.44193E-05 -0.000290886 -0.021720709 -0.008622894 -0.038210207 0.017320732

  20 RAJA 0.004022594 0.003647688 0.005555317 0.001116302 -0.001732955 -0.01371221 0.005340406 -0.012439399 0.001106789 -0.004714984 -0.014843929

  19 KIAS 5.56565E-05 -0.006433024 0.012457958 0.006641452 -0.001981039 -0.009063784 -0.016229625 -0.008612013 0.011017814 0.020916804 -0.005751265

  18 AISA

  17 PNLF 0.007581229 0.019897769 0.004447941 -0.010211595 -0.02791986 0.021172263 -0.015205831 0.020999458 -0.001424558 0.007254701 0.013587692

  16 AMAG 0.047585446 0.011292653 0.006834284 0.003350126 -0.056443592 -0.023668816 0.007276453 0.045508375 -0.005062284 0.007414586 0.023375291

  15 CFIN 0.016980594 -0.032165424 0.047585446 0.011292653 0.006834284 0.003350126 -0.056443592 -0.023668816 0.007276453 0.045508375 -0.005062284

  13 DOID -0.01026758 0.006538162 0.005560164 -0.014174079 -0.005103637 0.002079874 0.017650277 0.007085751 0.000476212 0.006514718 -0.009128089

  29 INDX 0.030615409 -0.008601548 -0.010204188 -0.032048978 0.001044318 0.004557032 -0.03675798 -0.006725881 0.016994414 0.034490381 0.000565495 Sumber: http://finance.yahoo.com/ (Data Diolah)

  4 BABP

  Expected Return Saham Sebelum Dan Sesudah Right Issue

  NO CODE Rmt

  H-5 H-4 H-3 H-2 H-1 H0 H+1 H+2 H+3 H+4 H+5

  1 ENRG 0.006101652 0.016197383 0.011598153 -0.000759995 -0.006299697 0.010618887 0.006819999 0.010390548 -0.010031772 0.004675506 0.000722068

  2 AKRA

  3 APLI

  5 ABBA 0.007019496 -0.013532715 -0.000939375 0.002002403 0.011590727 -0.002958102 0.004779397 0.009599062 0.005057916 0.000919295 0.006601362

  12 UNTR 0.007770406 -0.009204271 0.000277933 0.000351252 -0.004643277 -0.003448684 0.003981033 0.009898645 -0.007667777 0.006120182 -0.008556845

  6 BSDE 0.012819816 0.004343566 -0.016850073 -0.005277052 0.011815414 -0.016075051 -0.003256005 -0.027386356 0.024886654 0.020858835 0.00045472

  7 BBNI 0.011815414 -0.016075051 -0.003256005 -0.027386356 0.024886654 0.020858835 0.00045472 0.007058486 0.012798367 0.004273221 -0.010139722

  8 LPKR -0.003256005 -0.027386356 0.024886654 0.020858835 0.00045472 0.007058486 0.012798367 0.004273221 -0.010139722 -0.014803707 -0.000693348

  9 BBKP 0.019747169 0.003683904 -0.007685041 -0.022491047 0.009776573 0.01113435 0.004406995 -0.002419791 -0.007965112 -0.012271925 -0.012825277

  10 BMRI -0.007685041 -0.022491047 0.009776573 0.01113435 0.004406995 -0.002419791 -0.007965112 -0.012271925 -0.012825277 0.005374017 0.007370783

  11 EPMT -0.007521451 0.00239229 0.013838731 0.005312033 0.005219388 0.005130841 -0.003065013 -0.012660098 0.007794525 -0.012706452 0.001986109

• 0.012988786 -0.013512304 0.002710884 0.011165188 0.007405559 0.017770815 -0.000333236 0.000251333 -0.007437599 0.010810969 -0.003026437
• 0.000419326 0.0027524 0.003558305 0.004541539 -0.003997667 -0.00262257 0.00162456 -0.003341165 -0.005946846 -0.004920648 -0.001083477

• 0.02640622 -0.016197383 0.014308582 0.010861005 0.03129970 -0.010618887 -0.075112682 0.03097418 -0.005352843 -0.00988384 -0.058313691
• 0.070761087 0.091386195 -0.111614691 -0.006355728 -0.00357078 0.039025265 -0.003328917 0.03459601 0.045634974 -0.03366 -0.023475505

  14 BDMN -0.008929139 -0.00901942 0.019607843 0.041715206 -0.00615596 0.00804407 -0.027538319 -0.00166813 0.006913013 -0.023094185 0.039154759

  28 AGRO -0.021119372 0.014427486 -0.014355247 0.016601548 -0.01360534 0.023918896 -0.017437761 0.02842465 0.045161342 0.023392548 -0.033387857

  27 KPIG -0.009083473 0.004906849 -0.017356307 0.004060451 -0.01662225 -0.027724607 -0.004955614 0.01920441 0.00253774 -0.024748361 0.013916416

  26 TRIM -0.002615613 0.037727182 -0.012912304 -0.004885773 -0.01521124 0.064111936 -0.107247783 -0.00529130 -0.005388368 -0.159591018 -0.014394543

  25 INPC 0.009347898 -0.0027524 -0.003558305 -0.022240654 0.01300668 0.00262257 -0.010553131 0.00594685 0.005946846 0.013929657 -0.016773666

  24 COWL

  23 SUPR -0.000132415 -0.009672155 -0.005047005 0.007503351 0.00022509 0.000969778 -0.017763472 0.00304746 0.003047462 -0.003316155 0.004327195

  22 BSIM -0.00698646 0.009394861 0.01464789 -0.03586214 0.03067725 0.101183926 -0.116790761 -0.01377596 -0.013775957 -0.008387436 -0.079994219

  21 NISP -0.020555264 0.009828156 -0.014910812 0.020668177 -0.00414605 0.014191295 -0.119427424 0.00862289 0.008622894 0.038210207 -0.057320732

  20 RAJA -0.004022594 -0.158409593 0.00852919 0.012772587 0.00173295 0.01371221 -0.019039036 -0.04277346 -0.04458505 0.05016953 -0.014141579

  19 KIAS -0.043159105 0.024451042 -0.021307515 0.020144262 0.01067669 -0.016798285 -0.036867721 -0.02970940 -0.001494004 0.007385083 -0.030945982

  18 AISA 0.027694668 -0.00098045 -0.002710884 -0.040576953 0.02289747 -0.017770815 -0.073196175 -0.05605446 -0.043409859 0.007046174 -0.014517423

  17 PNLF 0.00966015 -0.019897769 0.004026635 0.027018318 0.01139093 -0.012768901 -0.026460835 0.01881586 0.001424558 0.001292308 0.003361461

  16 AMAG -0.108935139 0.119426301 -0.035736018 -0.021207269 0.00795874 -0.040025452 -0.041290059 0.01210454 0.054013333 -0.007414586 -0.003375291

  15 CFIN -0.016980594 -0.044757653 0.105192332 0.060996503 -0.02930619 -0.037832885 -0.026889742 -0.03325048 0.00605688 0.007123204 0.005062284

  13 DOID -0.017255356 0.0028958 -0.024251753 -0.014397349 -0.02430813 -0.002079874 0.012652754 0.00932771 -0.000476212 0.00319402 -0.019718064

  29 INDX 0.039807126 0.140180495 -0.059563253 -0.017951022 -0.00104432 -0.030872821 -0.044323101 -0.07581794 -0.016994414 0.106134619 -0.027962755 Sumber: http://finance.yahoo.com/ (Data Diolah)

  4 BABP 0.059861838 -0.260226413 0.003658382 -0.011300269 -0.12927132 0.021098003 -0.007019496 0.00093938 0.000939375 -0.002002403 -0.011590727

  

Abnormal Return Sebelum Dan Sesudah Right Issue

  NO CODE abnormal return

  H-5 H-4 H-3 H-2 H-1 H0 H+1 H+2 H+3 H+4 H+5

  1 ENRG

  2 AKRA 0.021591607 -0.005360502 -0.065014449 -0.019747169 -0.00368390 0.015749557 -0.033508953 -0.01960893 -0.002587341 -0.046779876 0.002419791

  3 APLI

  5 ABBA -0.017889062 0.035510737 0.000939375 -0.002002403 -0.04384879 0.047402547 -0.03669429 0.02790912 -0.005057916 -0.000919295 -0.038516256

  12 UNTR -0.003469331 0.013486926 0.035969402 0.001706362 -0.02205077 -0.009209543 -0.044579323 0.02771232 -0.007616066 -0.010554772 -0.020396385

  6 BSDE 0.021662943 0.017878656 0.016850073 -0.038201209 0.04500277 0.026827739 -0.039297186 0.07511335 -0.055189684 -0.031275501 0.020597911

  7 BBNI 0.040472168 -0.008769669 0.035103139 0.027386356 0.06153310 -0.032222471 0.08000505 -0.09790475 -0.065123948 0.007996718 -0.026223915

  8 LPKR 0.033106752 0.012893603 -0.010180771 -0.020858835 0.02853079 0.021110528 -0.040195627 0.02422423 -0.003749167 0.014803707 0.000693348

  9 BBKP -0.019747169 0.012709539 -0.008443991 0.006097604 0.02355676 -0.027263382 -0.03719388 -0.00898404 -0.009276268 -0.022815795 -0.005356541

  10 BMRI 0.016018375 0.005962121 0.015433511 -0.01113435 -0.02899716 0.010823152 -0.000368222 -0.02919153 -0.004718582 -0.014302589 0.001638226

  11 EPMT 0.020021451 -0.00239229 -0.02618441 -0.005312033 -0.01771939 -0.043105524 0.068854486 -0.03248588 -0.020452753 0.012706452 -0.001986109

• 0.004432051 0.008696292 -0.023007752 -0.001138585 0.01948967 -0.026226342 -0.029870952 -0.02173171 -0.032664423 -0.013786093 0.052272267

  Lampiran 3 Hasil Stastistik Deskripsi Volume Perdagangan Saham Statistik Deskriptif Volume Perdagangan Saham

  N Minimum Maximum Mean Std. Deviation ATVA_sb 29 .000001 .003488 .00088654 .000920037 ATVA_sd 29 .000003 .007196 .00123183 .001569665 Valid N (listwise)

  29 Sumber: Hasil Penelitian, 2014 (Data Diolah)

  Hasil Statistik Deskripsi Return Saham Statistik Deskriptif Return Saham

  N Minimum Maximum Mean Std. Deviation AAR_sb 29 -.067456 .031145 -.00226897 .017135463 AAR_sd 29 -.058383 .009231 -.01136850 .015475741 Valid N (listwise)

  29 Sumber: Hasil Penelitian, 2014 (Data Diolah)

  Hasil Uji Normalitas Volume Perdagangan Saham One-Sample Kolmogorov-Smirnov Test

  Atvasb Atvasd N

  29

  29 Normal Parameters

  a,b

  Mean .00088654 .00123183 Std. Deviation .000920037 .001569665

  Most Extreme Differences Absolute .168 .217 Positive .166 .216 Negative -.168 -.217

  Kolmogorov-Smirnov Z .904 1.168 Asymp. Sig. (2-tailed) .387 .131 a. Test distribution is Normal.

b. Calculated from data.

  Aarsb Aarsd N

  29

  29 Normal Parameters

  a,b

  Mean -.00226897 -.01136850 Std. Deviation .017135463 .015475741

  Most Extreme Differences Absolute .203 .144 Positive .123 .106 Negative -.203 -.144

  Kolmogorov-Smirnov Z 1.095 .777 Asymp. Sig. (2-tailed) .182 .582

  Sumber: Hasil Penelitian, 2014 (Data Diolah) Hasil Uji Normalitas Return Saham One-Sample Kolmogorov-Smirnov Test

• .000345
• .00075887
• 1.710 28 .098

  286 .001087

  Sumber: Hasil Penelitian, 2014 (Data Diolah)

Paired Samples Test

  Pair 1 AAR_sb & AAR_sd 29 .175 .363

  Sumber: Hasil Penelitian, 2014 (Data Diolah) Uji Hipotesi Return Saham Paired Samples Correlations N Correlation Sig.

  4

  7 .00006830

  908

  309 .000201

  ATVA_sd

  Uji Hipotesis Volume Perdagangan Saham Paired Samples Correlations N Correlation Sig.

  Lower Upper P air

  Interval of the Difference

  Mean 95% Confidence

  Std. Error

  (2- Mean tailed) Std. Deviatio n

  Paired Differences T Df Sig.

  Sumber: Hasil Penelitian, 2014 (Data Diolah) Paired Samples Test

  Pair 1 ATVA_sb & ATVA_sd 29 .737 .000

1 ATVA_sb -

  Average Trading Volume Activity Dan Average Abnormal Return Sebelum Dan Sesudah Right Issue

  13 DOID 0.000929222 0.000690981

  24 COWL 0.000941300 0.003562750

  23 SUPR 0.000023600 0.000003050

  22 BSIM 0.000008555 0.000066840

  21 NISP 0.000000886 0.000146746

  20 RAJA 0.001113370 0.000496274

  19 KIAS 0.001368909 0.000316025

  18 AISA 0.000916992 0.003693034

  17 PNLF 0.000907348 0.001379866

  16 AMAG 0.001559505 0.002055677

  15 CFIN 0.001598262 0.000738715

  14 BDMN 0.000238685 0.000192443

  12 UNTR 0.000698267 0.000671933

  Average Trading Volume Activity No. Kode Sebelum Sesudah

  11 EPMT 0.000003520 0.000268739

  10 BMRI 0.001484269 0.001870141

  9 BBKP 0.000231414 0.000707935

  8 LPKR 0.003130280 0.002138798

  7 BBNI 0.000803707 0.002449327

  6 BSDE 0.000750375 0.000851380

  5 ABBA 0.000019750 0.000003917

  4 BABP 0.000355000 0.000050000

  3 APLI 0.000843200 0.001555250

  2 AKRA 0.001936787 0.002562587

  1 ENRG 0.003488080 0.007196315

  25 INPC 0.000132010 0.000192546

  Average Abnormal Return No. Kode Sebelum Sesudah

  1 ENRG 0.002773136 -0.023537775

  2 AKRA -0.014442883 -0.020013061

  3 APLI -0.020183218 0.003953313

  4 BABP -0.067455556 -0.003746775

  5 ABBA -0.005458029 -0.010655728

  6 BSDE 0.012638646 -0.006010223

  7 BBNI 0.031145019 -0.020250169

  8 LPKR 0.008698307 -0.000844702

  9 BBKP 0.002834549 -0.016725305

  10 BMRI -0.0005435 -0.009388539

  11 EPMT -0.006317334 0.005327239

  12 UNTR 0.005128518 -0.011086845

  13 DOID -0.015463357 0.000996042

  14 BDMN 0.007443705 -0.001246571

  15 CFIN 0.015028879 -0.008379571

  16 AMAG -0.007698676 0.002807587

  17 PNLF 0.006439653 -0.000313329

  18 AISA 0.001264771 -0.03602635

  19 KIAS -0.001838925 -0.018326405

  20 RAJA -0.027879491 -0.014073918

  21 NISP -0.001823158 -0.024258432

  22 BSIM 0.00237428 -0.046544866

  23 SUPR -0.001424627 -0.002131502

  24 COWL -0,000078484 -0.009156182

  25 INPC -0.001239357 -0.00030069

  26 TRIM 0.000420451 -0.058382602