Merger Euphoria: Stock Price and Trading Volume of BRIS

Abstract

This study aims to obtain empirical evidence regarding the differences in BRIS stock prices before and after the merger of the three state-owned Islamic banks (BUMN), and to examine the differences in BRIS stock trading volume before and after the merger. In this study, the analytical method used was the paired sample t-test with the assistance of the SPSS program. The object of this research was BRIS stock. The results of the study conclude that there is no significant difference in BRIS stock prices before and after the merger of the three state-owned Islamic banks, while there is a significant difference in the trading volume of BRIS stock before and after the merger.