Determinants of stock market performance in Malaysia: inflation rate, crude oil price, exchange rate, gross domestic product and money supply / Muhammad Haziq Kamarulzaman and Nurul Musfirah Zulkefli

Kamarulzaman, Muhammad Haziq and Zulkefli, Nurul Musfirah (2019) Determinants of stock market performance in Malaysia: inflation rate, crude oil price, exchange rate, gross domestic product and money supply / Muhammad Haziq Kamarulzaman and Nurul Musfirah Zulkefli. Student Project. Faculty of Business and Management, Bandaraya Melaka. (Unpublished)

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Abstract

For years, the study of determinants for stock market performance are well-documented. However, most of the studies are focus on the macroeconomic factors in the developed country context. In light of this, this research intends to bright the gap by examining the factors that affect the stock market performance in developing country namely Malaysia. More specifically, this research aims to extend the current literature reviews by including inflation rate, crude oil price, exchange rate, gross domestic product and money supply in determining their relationships with the Malaysian stock market performance. By using Ordinary Least-Square regression method in E-views 10, multiple linear regression analysis is performed to examine the hypotheses and statistical relationships in a quarterly basis from 1st Quarter 2006 to 2nd Quarter 2018. The results conclude that inflation rate, crude oil price and exchange rate have a positive and negative relationship respectively with Malaysian stock market performance. On the other hand, this research also indicates that both the gross domestic product and money supply have an insignificant relationship with Malaysian stock market performance. We hope that the result of this study could fill a gap in the field of stock market performance in developing countries.

Item Type: Monograph (Student Project)
Creators:
CreatorsEmail
Kamarulzaman, Muhammad HaziqUNSPECIFIED
Zulkefli, Nurul MusfirahUNSPECIFIED
Subjects: H Social Sciences > HB Economic Theory. Demography > Macroeconomics
H Social Sciences > HG Finance > Investment, capital formation, speculation
H Social Sciences > HG Finance > Investment, capital formation, speculation > Stock price indexes. Stock quotations
Divisions: Universiti Teknologi MARA, Melaka > Bandaraya Melaka Campus > Faculty of Business and Management (M)
Item ID: 23485
Uncontrolled Keywords: Malaysian stock market performance; Multiple linear regression analysis; Macroeconomic variables
Last Modified: 21 Mar 2019 01:32
Depositing User: Perpustakaan UiTM Cawangan Melaka UiTM Cawangan Melaka
URI: http://ir.uitm.edu.my/id/eprint/23485

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