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Political events are a part of a non-economic environment that can affect capital market conditions, as it is essentially the behavior of investors in making decisions not only based on technical analysis or fundamental analysis, But also pay attention to political situation. Of the various political events that occurred in Indonesia, one of the events that became Tranding topic in various mass media in the year 2018 namely the event of the declaration of presidential candidate and prospective vice president for the presidential election of 2019. The purpose of this study was to analyze the reaction of the capital market from the event of the declaration of presidential candidate and prospective vice president for the presidential election of 2019, which will be indicated by the presence or absence of abnormal return. the sample used is the stock of LQ 45, this study is event study so that the observation period will see the reaction on before, during and after the event. In this study period used was H-3 (before the event), H0 (current events) and H + 3 (after the event). Sources of data obtained from yahoo finance and IDX. The data used in this research is secondary data, such as the closing price of shares has been adjusted (adjusted closing price) and the closing price of IHSG. Data in the form of daily stock price. The data was then analyzed using analytical methods paired sample t-test. The results showed that when viewed from the average abnormal return (AAR) did not show any difference, only the H+3 and H+4 which shows the differences in AAR and signaled their reaction to the stock market to these events that affect market participants in make decisions.