The impact of macroeconomics factors on the performance of stock market (FBMKLCI) / Nur Hadirah Mohd Tahir

This research is to determine the relationship between stock market (FBMKLCI) and macroeconomics variables. The estimation result of this study is showed that money supply and interest rate have positive relationship with stock market. But, the consumer price index and gross domestic product were shown negative relationship with stock price. The objectives of this study to examine and investigates the relationship between two variables which are dependent variable and independent variables. This aim of this research is to examine the relationship between macroeconomic indicators such as Money supply (M2), Consumer Price Index (CPI), Interest rate (IR) and Gross Domestic Product (GDP) and stock market (FBMKLCI). From this study, there were four macroeconomics variables on stock price (FBMKLCI). These macroeconomics variables namely money supply, consumer price index, interest rate and gross domestic product. All these variables are called as independent variables. The dependent variables are stock market Kuala Lumpur Composite Index (FBMKLCI). This research is conduct to determine the relationship between stock market (FBMKLCI) and macroeconomics variables from 2003 until 2014 by using quarterly basis. This research use Multiple Regression to examine the relationship between stock market and macroeconomics variables. The data will be analyses by using time-series data. This study also use Eviews program as a tool to analyses all the data.