The effect of 14th general election towards stock market performances in Kuala Lumpur Composite Index (KLCI) / Siti Sahara Abdul Rashid

The study investigates the effect of general election results on the performances of stock market using case from 14th General Election in Malaysia. This study used stock market daily prices as secondary data obtained from Bursa Malaysia and adopting event study methodology outlined by the MacKinlay...

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Bibliographic Details
Main Author: Abdul Rashid, Siti Sahara
Format: Student Project
Language:English
Published: 2018
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/81674/1/81674.pdf
https://ir.uitm.edu.my/id/eprint/81674/
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Summary:The study investigates the effect of general election results on the performances of stock market using case from 14th General Election in Malaysia. This study used stock market daily prices as secondary data obtained from Bursa Malaysia and adopting event study methodology outlined by the MacKinlay (1997). The selected event is 14th General Election in Malaysia which had been held on 9th May 2018. The results of his research suggest that 2018 general election has effect on stock market performances but there is no differences on before or after general election as the abnormal return is insignificant.