Macroeconomic approach of determinants of stock price movement in Malaysia and China / Mohamad Faiz Sujohno

• Main Author: Sujohno, Mohamad Faiz
• Format: Student Project
• Language: English
• Published: 2019
• Subjects: Macroeconomics; Stock price indexes. Stock quotations
• Online Access: https://ir.uitm.edu.my/id/eprint/49670/1/49670.pdf; https://ir.uitm.edu.my/id/eprint/49670/

This paper examines the determinants of stock price movement evidence from a Malaysia and China. The selected macroeconomic variables are interest rate (INT), money supply (M3), inflation rate (INF), and Gross Domestic Product (GDP). In light of this, this research intends to bright the gap by examining the factors that affect the stock price movement in developing country namely in Malaysia and China. Using several test which is descriptive analysis, correlation test, regression analysis and test on assumption for all the data on monthly basis from 2009 to 2018. By adopting there empirical model, there are existence of relationship between selected macroeconomic variables in Malaysia's stock price and China stock price. Moreover, the results showed consistent with existing studies. This paper has contributed new evidence proven to the existing research studies and provides clearer view on Malaysian stock price movements and China stock price movements to investors as well as government bodies.