Performance of property listed companies in Malaysia: 1996-2007
This study examines the performance of listed property companies in Malaysia within three sub-periods: pre-crisis, during crisis and post-crisis. The period of study is from 1996 to 2007.By using Sharpe Index, Adjusted Sharpe Index, Treynor Index, Jensen Index and Adjusted Jensen Index, the result s...
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| Format: | Conference or Workshop Item |
| Language: | English |
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2011
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| Online Access: | https://repo.uum.edu.my/id/eprint/3721/1/Nu.pdf |
| _version_ | 1803624713170190336 |
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| author | Abdullah, Nur Adiana Hiau Wan Zahari, Wan Marazah |
| author_facet | Abdullah, Nur Adiana Hiau Wan Zahari, Wan Marazah |
| author_sort | Abdullah, Nur Adiana Hiau |
| collection | UUM |
| description | This study examines the performance of listed property companies in Malaysia within three sub-periods: pre-crisis, during crisis and post-crisis. The period of study is from 1996 to 2007.By using Sharpe Index, Adjusted Sharpe Index, Treynor Index, Jensen Index and Adjusted Jensen Index, the result shows that the performance of listed property companies over-performed the aggregate market (Kuala Lumpur Composite Index-KLCI) and the Kuala Lumpur Property Index (KLPI). Further examination on the performance of the
property companies in the three sub-periods shows there was a significant difference in the performance of the property listed companies as compared to the KLCI and KLPI before, during and after the 1997 financial crisis.An obvious observation in the result is that most of the companies listed under property sector as well as the aggregate market as a whole and the property index were showing an average negative return. This would mean that investors and fund managers would need to take extra caution to include property stocks in their portfolio.As for the regulators, more efforts needed to be done to boost this sector. |
| first_indexed | 2024-07-04T05:22:45Z |
| format | Conference or Workshop Item |
| id | uum-3721 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T05:22:45Z |
| publishDate | 2011 |
| record_format | dspace |
| spelling | uum-37212016-04-21T07:12:52Z https://repo.uum.edu.my/id/eprint/3721/ Performance of property listed companies in Malaysia: 1996-2007 Abdullah, Nur Adiana Hiau Wan Zahari, Wan Marazah HG Finance This study examines the performance of listed property companies in Malaysia within three sub-periods: pre-crisis, during crisis and post-crisis. The period of study is from 1996 to 2007.By using Sharpe Index, Adjusted Sharpe Index, Treynor Index, Jensen Index and Adjusted Jensen Index, the result shows that the performance of listed property companies over-performed the aggregate market (Kuala Lumpur Composite Index-KLCI) and the Kuala Lumpur Property Index (KLPI). Further examination on the performance of the property companies in the three sub-periods shows there was a significant difference in the performance of the property listed companies as compared to the KLCI and KLPI before, during and after the 1997 financial crisis.An obvious observation in the result is that most of the companies listed under property sector as well as the aggregate market as a whole and the property index were showing an average negative return. This would mean that investors and fund managers would need to take extra caution to include property stocks in their portfolio.As for the regulators, more efforts needed to be done to boost this sector. 2011-06 Conference or Workshop Item NonPeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/3721/1/Nu.pdf Abdullah, Nur Adiana Hiau and Wan Zahari, Wan Marazah (2011) Performance of property listed companies in Malaysia: 1996-2007. In: Global Business and Social Sciences Research Conference, 20 - 21 June 2011, Radisson Blue Hotel, Beijing, China. (Unpublished) http://www.wbiconpro.com/319-Nur.pdf |
| spellingShingle | HG Finance Abdullah, Nur Adiana Hiau Wan Zahari, Wan Marazah Performance of property listed companies in Malaysia: 1996-2007 |
| title | Performance of property listed companies in Malaysia: 1996-2007 |
| title_full | Performance of property listed companies in Malaysia: 1996-2007 |
| title_fullStr | Performance of property listed companies in Malaysia: 1996-2007 |
| title_full_unstemmed | Performance of property listed companies in Malaysia: 1996-2007 |
| title_short | Performance of property listed companies in Malaysia: 1996-2007 |
| title_sort | performance of property listed companies in malaysia 1996 2007 |
| topic | HG Finance |
| url | https://repo.uum.edu.my/id/eprint/3721/1/Nu.pdf |
| work_keys_str_mv | AT abdullahnuradianahiau performanceofpropertylistedcompaniesinmalaysia19962007 AT wanzahariwanmarazah performanceofpropertylistedcompaniesinmalaysia19962007 |