The 2019 Indonesia Presidential Election with all the political dynamics received special attention for investors in the capital market in maximizing their portfolio and minimizing the risks that would occur. This study aimed to examine the effect of the 2019 Indonesia Presidential Election on the abnormal return by 3 window events related to the Presidential Election to examine the difference of abnormal return earned by the investor at the moment 5 days before and after the event window using an event studies method. The results show that abnormal returns that occur in each window of events that indicate the information absorbed by the market. But during the 2019 Presidential Election and the inauguration of President and Vice President of Indonesia event, there is no significant difference. A significant difference in abnormal returns occurred during the official announcement of the recapitulation of the election of the President and Vice President of Indonesia in 2019.