Currency crisis and stock price behaviour : Evidence from the Kuala Lumpur composite index / Anuar Hj. Wahhab…[et al.]

• Main Authors: Hj. Wahhab, Anuar, Ab Rahman, Nik Muhd Naziman
• Format: Research Reports
• Language: English
• Published: Research Management Institude 2002
• Subjects: Business cycles. Economic fluctuations. Economic indicators; Dividends. Stock dividends. Dividend reinvestment
• Online Access: http://ir.uitm.edu.my/id/eprint/25211/1/LP_ANUAR%20HJ.%20WAHHAB%20RMI%20K%2002_5.pdf; http://ir.uitm.edu.my/id/eprint/25211/

This research uses an error correction model to explore the asymmetric effects of five different exchange rates on the Kuala Lumpur Composite Index (KLCI) during the period of currency crisis. Order of integration was checked using Augmented Dickey Fuller and Phillip-Perons tests for unit root. The...