Macroeconomic determinants of Kuala Lumpur composite index (KLCI) / Asyraf Firdaus Shaiful Bahari

Kuala Lumpur Composite Index explained the subjective measure of how well a stock market in an economy performs as it is the listed top 30 company in each sector. Stock market is one of the most important effective measures on the valuation and direction of economic enterprises. It is essential for...

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Bibliographic Details
Main Author: Shaiful Bahari, Asyraf Firdaus
Format: Student Project
Language:English
Published: 2014
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/77178/1/77178.pdf
https://ir.uitm.edu.my/id/eprint/77178/
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Summary:Kuala Lumpur Composite Index explained the subjective measure of how well a stock market in an economy performs as it is the listed top 30 company in each sector. Stock market is one of the most important effective measures on the valuation and direction of economic enterprises. It is essential for company to have good financial decisions in order to improve emerging economic development and wealth. The government need play their important role in order to identify what are the determinants that might influence KLCI. This paper is aimed to analyse the determinant of Kuala Lumpur Composite Index Malaysia. This study will be conducted to investigate the relationship between Kuala Lumpur Composite Index (KLCI) that represented economic measure with several factors oil and gas price index (OG), producer price index (PPI), real exchange rate (RER) and consumer price index (CPI).The data is obtained from monthly indices obtained from secondary resources. The data is collected for seven years from 2007 to 2013.