The impact of commodities price towards the Malaysian stock market / Nur Anira Rashidi

This study investigates the impact of commodities price towards the Malaysian stock market. Therefore, the purpose of this study is to have a clear view on the relationship between the dependent variable of KLCI and independent variables of palm oil, gold, and crude oil of commodities price in Malaysia and find the factors that the most impact towards the Malaysian stock market. Thus, this research wants to investigate and help investors to determine which commodities price give more benefits to them. There is 3 sample data derived from the commodities price with tenyear period from 2006 to 2016 which make the total number of observation at 132. The samples included based on the availability and continuity of the data in monthly found in Data Stream Professional during the period of 2006 until 2016. The data has been analysed by using Eviews 8.0 to do descriptive, regression and correlation analysis. Using time series method, the findings indicate that gold and crude oil price are significant in explaining Malaysian stock market and both of it also the dominant factor that impact the KLCI while, palm oil price has no significant relationship with KLCI.