Money Supply, Stock Prices and the Efficient Market Hypothesis: The Case of Malaysia

The purpose of the present study is to investigate the empirical relationships between money supply and stock prices in the Kuala Lumpur Stock Exchange (KLSE) using monthly data that span from January 1978 to September 1992. More specifically, we tested market informational efficiency in the KLSE by...

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Bibliographic Details
Main Authors: Muzafar Shah Habibullah, Ahmad Zubaidi Baharumshah
Format: Article
Language:English
Published: UUM Press 2020-01-01
Series:Malaysian Management Journal
Online Access:https://www.scienceopen.com/document?vid=96f5c636-527d-4dab-a126-b75a088e89a0