Analysis of stock market price: case study of blue-chip companies in Malaysia / Muhamad Hafiz Zarif Ali

The F BM KLCI index measures the performance of the 30 blue-chip companies' stock market price. The study tends to investigate what factors that contribute the movement of stock market price among the blue-chip companies. The study comes out with the objective to examine the significant effect of fundamental determinants on the stock price of company among the 17 blue-chip companies in Malaysia. Only 17 companies selected out of 30 companies. The study conducted for a period of 10 years, 2006-2015, with number of observations of 170. Data in 2016 could not be obtained due to some companies selected closed the account in month of June and August. The data collected annually. The study used stock market price as the dependent variable. The independent variables used are dividend per share, earning per share, book value per share, and price earnings ratio. The methodology of this study is using multiple linear regression. The finding resulted dividend per share and book value per share are having positive insignificant impact towards stock market price, and other variables, earning per share and price earnings ratio, show a positive significant impact towards stock market price.