Oil Price and Stock Return: Evidence of Mining Companies in Indonesia

This research aims to analyze the determinants of stock return disclosure of mining sector companies listed on the Indonesia Stock Exchange in
2014-2018. The research adopted the Eviews program in data processing and Random eect regression model was chosen to test the relationship
between internal and external indicators as independent variables include return on asset (ROA), debt to equity ratio (DER), total asset turnover
(TATO), oil price and exchange rate. The result shows that return on assets and debt to equity ratio have no eect on stock return. Total asset turnover
and exchange rate have negative and signicant eect on stock return, while Oil price have positi and signicant eect on stock return