Effect of oil prices to the emerging stock market in Latin America and Caribbean (Argentina, Brazil and Jamaica) / Nur Afiqah Ali Rahman

Ali Rahman, Nur Afiqah (2010) Effect of oil prices to the emerging stock market in Latin America and Caribbean (Argentina, Brazil and Jamaica) / Nur Afiqah Ali Rahman. [Student Project] (Unpublished)

Abstract

This study tries to investigate the relationship between oil prices and stock market in emerging markets of Latin America region. Data of weekly West Texas Intermediate Crude Oil (WTI) price and weekly price index of stock index from three emerging countries namely Argentina, Brazil and Jamaica are selected as variables in this study. The data is collected for the five years period of 1 January 2005 to 31 December 2009and used to estimate the Auto regression Model. The results from this model reveal that there is significant and relationship between these two emerging markets where is Argentina and Jamaica with the oil price movement. Furthermore, the analysis also shows Brazil has a relationship with oil price but there is no significant result due to the more significant on other macroeconomic variable. These results further our understanding of the interaction between oil prices and share prices and should be of use to investors, regulator, managers, and policy maker.

Metadata

Item Type: Student Project
Creators:
CreatorsEmail / ID. Num
Ali Rahman, Nur Afiqah2008750645
Contributors:
ContributionNameID Num. / Email
Thesis advisorMuhamad Arifin, Nur AfizahUNSPECIFIED
Subjects: H Social Sciences > HB Economic Theory. Demography > Macroeconomics
H Social Sciences > HB Economic Theory. Demography > Price
H Social Sciences > HG Finance > Investment, capital formation, speculation > Stock exchanges. Insider trading in securities
Divisions: Universiti Teknologi MARA, Melaka > Bandaraya Melaka Campus > Faculty of Business and Management
Programme: Bachelor of Business Administration (Hons) Finance (BA242)
Item ID: 28850
Uncontrolled Keywords: Oil prices; Stock market; Macroeconomic
URI: http://ir.uitm.edu.my/id/eprint/28850

Download

[img] Text
28850.pdf

Download (353kB)

Fulltext

Fulltext is available at:
?? uitm_melakabandaraya_softcopy ??

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year