Effect of macroeconomics variables on stock prices in Bursa Malaysia / Muhammad Nadzmi Ramli and Nurul Syawalni Izzatie Musa

This study examined the impact of selected macroeconomic variables on the performance of Malaysia stock market over the study period from year 1992 to 2017. The selected macroeconomic variables are interest rate, exchange rate, inflation rate, money supply and oil price. This study applied Ordinary...

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Main Authors: Ramli, Muhammad Nadzmi, Musa, Nurul Syawalni Izzatie
Format: Student Project
Language:English
Published: Faculty of Business and Management 2019
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/23486/1/PPb_MUHAMMAD%20NADZMI%20RAMLI%20M%20BM%2018_5.pdf
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author Ramli, Muhammad Nadzmi
Musa, Nurul Syawalni Izzatie
author_facet Ramli, Muhammad Nadzmi
Musa, Nurul Syawalni Izzatie
author_sort Ramli, Muhammad Nadzmi
collection UITM
description This study examined the impact of selected macroeconomic variables on the performance of Malaysia stock market over the study period from year 1992 to 2017. The selected macroeconomic variables are interest rate, exchange rate, inflation rate, money supply and oil price. This study applied Ordinary Least Square method (OLS) to determine the effect of selective variables on stock market performance by using 100 quarterly data observations. The empirical results suggest that exchange rate and oil price has statistically significant positive effect on Malaysia stock market performance while interest rate and money supply has statistically significant negative effect on Malaysia stock market performance. However, inflation is found out to be insignificant in determining the stock market performance of Malaysia.
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spelling uitm.eprints-34862019-03-21T01:41:32Z https://ir.uitm.edu.my/id/eprint/23486/ Effect of macroeconomics variables on stock prices in Bursa Malaysia / Muhammad Nadzmi Ramli and Nurul Syawalni Izzatie Musa Ramli, Muhammad Nadzmi Musa, Nurul Syawalni Izzatie Macroeconomics Stock price indexes. Stock quotations Kuala Lumpur. KLSE This study examined the impact of selected macroeconomic variables on the performance of Malaysia stock market over the study period from year 1992 to 2017. The selected macroeconomic variables are interest rate, exchange rate, inflation rate, money supply and oil price. This study applied Ordinary Least Square method (OLS) to determine the effect of selective variables on stock market performance by using 100 quarterly data observations. The empirical results suggest that exchange rate and oil price has statistically significant positive effect on Malaysia stock market performance while interest rate and money supply has statistically significant negative effect on Malaysia stock market performance. However, inflation is found out to be insignificant in determining the stock market performance of Malaysia. Faculty of Business and Management 2019 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/23486/1/PPb_MUHAMMAD%20NADZMI%20RAMLI%20M%20BM%2018_5.pdf Effect of macroeconomics variables on stock prices in Bursa Malaysia / Muhammad Nadzmi Ramli and Nurul Syawalni Izzatie Musa. (2019) [Student Project] <http://terminalib.uitm.edu.my/23486.pdf> (Unpublished)
spellingShingle Macroeconomics
Stock price indexes. Stock quotations
Kuala Lumpur. KLSE
Ramli, Muhammad Nadzmi
Musa, Nurul Syawalni Izzatie
Effect of macroeconomics variables on stock prices in Bursa Malaysia / Muhammad Nadzmi Ramli and Nurul Syawalni Izzatie Musa
title Effect of macroeconomics variables on stock prices in Bursa Malaysia / Muhammad Nadzmi Ramli and Nurul Syawalni Izzatie Musa
title_full Effect of macroeconomics variables on stock prices in Bursa Malaysia / Muhammad Nadzmi Ramli and Nurul Syawalni Izzatie Musa
title_fullStr Effect of macroeconomics variables on stock prices in Bursa Malaysia / Muhammad Nadzmi Ramli and Nurul Syawalni Izzatie Musa
title_full_unstemmed Effect of macroeconomics variables on stock prices in Bursa Malaysia / Muhammad Nadzmi Ramli and Nurul Syawalni Izzatie Musa
title_short Effect of macroeconomics variables on stock prices in Bursa Malaysia / Muhammad Nadzmi Ramli and Nurul Syawalni Izzatie Musa
title_sort effect of macroeconomics variables on stock prices in bursa malaysia muhammad nadzmi ramli and nurul syawalni izzatie musa
topic Macroeconomics
Stock price indexes. Stock quotations
Kuala Lumpur. KLSE
url https://ir.uitm.edu.my/id/eprint/23486/1/PPb_MUHAMMAD%20NADZMI%20RAMLI%20M%20BM%2018_5.pdf
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