Determinants of stock returns in BRICS countries/ Muhammad Naim Ramli, A'tiqah Rashidah Abu Samah and Roseziahazni Abdul Ghani

Ramli, Muhammad Naim and Abu Samah, A'tiqah Rashidah and Abdul Ghani, Roseziahazni (2017) Determinants of stock returns in BRICS countries/ Muhammad Naim Ramli, A'tiqah Rashidah Abu Samah and Roseziahazni Abdul Ghani. Terengganu International Finance and Economics Journal (TIFEJ), 5 (1). pp. 14-24. ISSN 2232-0539

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Abstract

This paper investigates on determinants of stock return for BRICS countries. The relationship between stock market return and macroeconomic variables can be used to make nation’s macroeconomic policies and the performance of stock return can be a benchmark for a country to highlight the country is in well economic condition or not. This paper employs the test on pooled data from 2011 to 2015 on monthly basis, to examine the factors that affect stock return the most. Exchange rate, money supply, inflation and trade are selected as the macroeconomics variables factors that affect stock market return. All these factors lead to strong significant relationship towards stock market return by present or doing well towards each factor.

Item Type: Article
Creators:
CreatorsEmail
Ramli, Muhammad Naimmuhammadnaim7046@gmail.com
Abu Samah, A'tiqah RashidahUNSPECIFIED
Abdul Ghani, RoseziahazniUNSPECIFIED
Subjects: H Social Sciences > HG Finance > Money supply
H Social Sciences > HG Finance > Investment, capital formation, speculation > Stock price indexes. Stock quotations
Divisions: Universiti Teknologi MARA, Terengganu > Dungun Campus > Faculty of Business and Management
Journal or Publication Title: Terengganu International Finance and Economics Journal (TIFEJ)
ISSN: 2232-0539
Volume: 5
Number: 1
Page Range: pp. 14-24
Item ID: 22662
Uncontrolled Keywords: Stock return; exchange rate; money supply; CPI; trade
Last Modified: 03 Feb 2019 04:10
Depositing User: Perpustakaan Cendekiawan UiTM Caw Terengganu
URI: http://ir.uitm.edu.my/id/eprint/22662

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