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...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Universiti Utara Malaysia
1999
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Subjects: | |
Online Access: | https://repo.uum.edu.my/id/eprint/518/1/Muzafar_Shah_Habibullah.pdf |