Contribution of stock market performance towards economic growth: an empirical study in Malaysia / Siti Nurul Balqis Zamingan

• Main Author: Zamingan, Siti Nurul Balqis
• Format: Thesis
• Language: English
• Published: 2022
• Subjects: Economic development. Development economics. Economic growth
• Online Access: https://ir.uitm.edu.my/id/eprint/98260/1/98260.pdf; https://ir.uitm.edu.my/id/eprint/98260/

The total of stock value traded in Malaysia keep increasing in its trend for the past 32 years. In 2020, the total value of stock traded was the highest over 32 years period which at 248.608 US$ whereas in 2010 the value of stock traded recorded was 114.789 USS. Hence, in this research, researcher interested to investigate if the stock market performance in Malaysia influenced Malaysia's economic growth. The analysis that have been made by use the time frame of 32 years which from 1989 to 2020. The data needed to complete the analysis have been collected from World Bank Data since it is one of reliable secondary sources that can be access. In attempt to make a conclusion, the researcher has used descriptive analysis, correlational analysis and regression analysis as the research methodology. The dependent variable that have been used as indicator to measure economic growth are gross domestic product. In addition, there are five independent variables that have been used as stock market performance indicators which is market capitalization, total value of stock traded, turnover ratio of stock traded, exchange rate and interest rate spread. As for the result, the independent variables seem to have relationship with dependent variables, however the results implies the relationship between the dependent variable and the independent variables are not significant.