Impact of COVID-19 cases on stock returns in Malaysia / Farah Farhana Summi

The COVID-19 pandemic shock is severe even compared to the 2003 SARS virus outbreak. The effect of COVID-19 can be seen on the economic and socio-economic issues of the country. This study is conducted to investigate the impact of COVID-19 on stock returns which is a current global issue, and this s...

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Bibliographic Details
Main Author: Summi, Farah Farhana
Format: Thesis
Language:English
Published: 2021
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/62256/1/62256.pdf
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Summary:The COVID-19 pandemic shock is severe even compared to the 2003 SARS virus outbreak. The effect of COVID-19 can be seen on the economic and socio-economic issues of the country. This study is conducted to investigate the impact of COVID-19 on stock returns which is a current global issue, and this study focuses on cases in Malaysia. Time series data from the website of the Ministry of Health Malaysia and the Investing.com from 1 April 2020 to 31 December 2020 are used by this study. This study taken the Kuala Lumpur Composite Index (FBMKLCI) as a sample for this research. Data will be analysed using E-Views. This study considers the confirmed case of COVID-19 as an independent variable while FBMKLCI is the dependent variable. The result shows that the COVID-19 cases has a positive relationship with stock return in Malaysia.