Factors affecting performance of Malaysia stock market/ Azmir Kamarudin
The Malaysia stock market which is FBM KLCI, it comprises of 30 big companies stock price from different industries representing the stock index of Malaysia. This paper analyses the relationship between the KLCI and three independent variables, which is oil price, exchange rate and DJIA. The data c...
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Main Author: | |
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Format: | Thesis |
Language: | English |
Published: |
2018
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Online Access: | https://ir.uitm.edu.my/id/eprint/57954/1/57954.pdf https://ir.uitm.edu.my/id/eprint/57954/ |
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Summary: | The Malaysia stock market which is FBM KLCI, it comprises of 30 big companies stock price from different industries representing the stock index of Malaysia. This paper analyses the relationship between the KLCI and three independent variables, which is oil price, exchange rate and DJIA. The data collected is from website investing.com from the year 2007 until 2017. Using the series data, findings show that there is no significant relationship between KLCI and oil price and exchange rate. But there is a positive significant relationship between KLCI and DJIA. However, correlation matrix shows that all variables tested has strong relations to KLCI. This paper aims to prove that U.S stock markets and other variables have influence the Malaysian stock market. |
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