The impact of Covid-19 lockdown on stock market performance in Malaysia / Muhammad Mu'az Manor

The deadly coronavirus emerged at the end of year 2019, which known as COVID-19. This has caused over multinational economic and social crisis. There is some government measure to prevent the spread of the disease and reducing the impact of pandemic such as lockdown and stimulus package. Throughout...

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Bibliographic Details
Main Author: Manor, Muhammad Mu'az
Format: Thesis
Language:English
Published: 2021
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/61407/1/61407.pdf
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Summary:The deadly coronavirus emerged at the end of year 2019, which known as COVID-19. This has caused over multinational economic and social crisis. There is some government measure to prevent the spread of the disease and reducing the impact of pandemic such as lockdown and stimulus package. Throughout the pandemic, stock market has been experiencing a huge impact due to investor confident. Hence, this study to identify the impact of the COVID-19 lockdown on stock market performance in Malaysia. The dependant variable for this study is stock market performance and several explanatory variables which is daily new cases of COVID-19 in Malaysia, market capitalization, market to book ratio, one dummy variable to represent the lockdown which 1 for 18 March and afterward and 0 for before 18 March. This study undergoes multivariate least square for period of time from 28 January 2020 until 30 September 2020. Then, the cases of COVID-19 notably expected to have negatively relationship with stock market performance as well as market capitalization and market to book value ratio. Another than that, post covid 19 lockdown will expected to have positive influence towards stock market performance.