Relationship between investment alternatives and volume on stock return / Irfan Danial Rostam

COVID-19 pandemic has impacted Malaysia in many aspects especially on the economy. Economy is often related to stock market. The stock market has been long used as a leading indicator of the economy. Lockdown measures and economic stimulus employed by the previous and current government impacted sto...

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Bibliographic Details
Main Author: Rostam, Irfan Danial
Format: Thesis
Language:English
Published: 2022
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/96350/1/96350.pdf
https://ir.uitm.edu.my/id/eprint/96350/
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Summary:COVID-19 pandemic has impacted Malaysia in many aspects especially on the economy. Economy is often related to stock market. The stock market has been long used as a leading indicator of the economy. Lockdown measures and economic stimulus employed by the previous and current government impacted stock market return in various ways. The stock market return has many determinants. To find out whether the determinants, determine the stock market return, this study employed volume traded in KLCI, gold, and bond to observe the relationship of those independent variables with stock market return using the Kuala Lumpur Composite Index (KLCI) as a proxy. The duration of this study observation is from December 2011 until recent data November 2021. It is found in this study that all the independent variables (volume, gold, bond) have a significant relationship with the stock market return. It is highlighted that volume has a positive relationship with a stock market return while bond and gold both has a negative significant relationship with the stock market return. The COVID- 19 period is also proven to influence the impact of volume on stock market return.