The effect of macroeconomic factors on KLCI index / Nur Zahedah Shamsuddin

The purposed of this research is to study the effect of macroeconomic factors on stock return in Malaysia. Macroeconomic variable known such as money supply, inflation rate, exchange rate and interest rate have an important role in measure of the economy growth in our country. Besides that, this macroeconomic variables will give impact whether the stock return in our country decrease or increases based on macroeconomic performance. Basically, there will be 48 observation over the monthly period from January 2006 until December 2009 that obtain from Thomson Reuters Data stream. The data is analysing using Eviews9. From the data we will obtain the result such as whether the macroeconomic variable will give a positive or negative impact to stock return in Malaysian and whether the dependent and independent variable have a significant or not significant or not significant relationship.