Testing of weak form efficiency on Bursa Malaysia’s selected industries / Muhammad Azim Kamil Suhaimi

Kamil Suhaimi, Muhammad Azim (2017) Testing of weak form efficiency on Bursa Malaysia’s selected industries / Muhammad Azim Kamil Suhaimi. Student Project. Faculty of Business and Management, Bandaraya Melaka. (Unpublished)

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Abstract

The purpose of this study is to investigate the existence of Efficient Market Hypothesis in Bursa Malaysia’s selected industries. The data was collected in for each industry for daily, weekly and monthly basis from year 2011 to 2015. This study used Autoregressive Model to regress the past stock price with the current stock price. Result of this study reveals that for daily data, all of the industries has significant relationship which can be concluded as inefficiently weak. Meanwhile, for weekly data only consumer industry is inefficiently weak and for monthly data only industrial industry is inefficiently weak. All the other data for other industries can be concluded as efficiently weak. These results provide understanding towards investors, analysts and regulator in dealing with Efficient Market Hypotheses.

Item Type: Monograph (Student Project)
Uncontrolled Keywords: Weak form; Bursa Malaysia
Subjects: H Social Sciences > HD Industries. Land use. Labor > Management. Industrial Management
Divisions: Universiti Teknologi MARA, Melaka > Bandaraya Melaka Campus
Depositing User: Staf Pendigitalan 5
Date Deposited: 08 Jun 2017 03:13
Last Modified: 08 Jun 2017 03:13
URI: http://ir.uitm.edu.my/id/eprint/17255

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