This study is aims to analyze the influence of Foreign Net Value, The Fed Rate and World Oil Price (WTI) towards the Composite Stock Price Index (IHSG). The study uses the monthly time series data from January 2007 to December 2016. The method used in this study is Vector Autoregressive (VAR) with Eviews 7 program. The result concluded that Foreign Net Value has positive effect and significant on Composite Stock Price Index (IHSG). The Fed Rate has positive effect and significant to Composite Stock Price Index (IHSG). While World Oil Price (WTI) has not effect significant on Composite Stock Price Index (IHSG).