The effect of macroeconomic determinants on Malaysian stock market performance / Fatihatunnurrahim Abd Rahim

Abd Rahim, Fatihatunnurrahim (2014) The effect of macroeconomic determinants on Malaysian stock market performance / Fatihatunnurrahim Abd Rahim. Student Project. Faculty of Business and Management, Segamat, Johor. (Submitted)

[img]
Preview
Text
PPb_FATIHATUNNURRAHIM ABD RAHIM BM J 14_5.pdf

Download (481kB) | Preview

Abstract

This paper aims is finding out the effect of macroeconomic determinant on stock market performance in Malaysia. The study is focuses on stock index which is FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBMKLCI). The macroeconomic variables considered are palm oil price, interbank rates (3 month), exchange rates inflation rates and gold prices. The sample of this study comprises of 191 observations each of the independent and dependent variables on a monthly basis over 16 years period from January 1998 to December 2013. Methodology used for this study is by using Multiple Linear Regression with time series data sourced from DataStream and Index Mundi. Thereafter, econometric tests are to be conducted to observe the relationship of the macroeconomic variables to the FBMKLCI. Interactive software package E-view 7 would be used for testing and analyzing the data collected. The study is an attempt to investigate the relationship of the chosen macroeconomic variables towards influencing stock index which is FBMKLCI. Findings from previous research papers mostly on developed markets indicate that macroeconomic variables do play a significant role in the determination of stock returns. The results of this research paper would provide an indicative view and could form an important basis for investors and policy makers in their investment strategies and policy decisions respectively.

Item Type: Monograph (Student Project)
Creators:
CreatorsEmail
Abd Rahim, FatihatunnurrahimUNSPECIFIED
Subjects: H Social Sciences > HB Economic Theory. Demography > Macroeconomics
H Social Sciences > HG Finance > Investment, capital formation, speculation
Divisions: Universiti Teknologi MARA, Johor > Segamat Campus > Faculty of Business and Management (J)
Item ID: 21425
Uncontrolled Keywords: Macroeconomic; Malaysian stock market; UiTM Cawangan Johor
Last Modified: 02 Oct 2018 03:51
Depositing User: Perpustakaan Tun Dr. Ismail UiTM Cawangan Johor
URI: http://ir.uitm.edu.my/id/eprint/21425

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year