The macroeconomic factors that affect stock price in Malaysia / Nurhafizah Hussin

The macroeconomic factors that affect stock price in Malaysia / Nurhafizah Hussin

The objective of this study to test four variables such as exchange rate, money supply M2, interest rate and gross domestic product affect stock price in Malaysia by using time series data. The monthly data have been collected from July 2011 until December 2014. The data have been collected from Tho...

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Main Author: Hussin, Nurhafizah
Format: Thesis
Language:English
Published: 2016
Subjects:
Stock price indexes
Stock quotations
Online Access:https://ir.uitm.edu.my/id/eprint/90578/1/90578.pdf
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spelling my-uitm-ir.905782024-02-14T04:07:02Z The macroeconomic factors that affect stock price in Malaysia / Nurhafizah Hussin 2016 Hussin, Nurhafizah Stock price indexes. Stock quotations The objective of this study to test four variables such as exchange rate, money supply M2, interest rate and gross domestic product affect stock price in Malaysia by using time series data. The monthly data have been collected from July 2011 until December 2014. The data have been collected from Thomson Reuters DataStream database and Bank Negara Malaysia (BNM). A Multiple Regression Model is designed to test the effect and Augmented Dickey Fuller (ADF) test was used to find out the stationary of the data series. The multiple regression result of the study indicate the exchange rate and interest rate have negative significant to stock price while money supply M2 and GDP shows the positive significant on stock price. The ADF result represent all the variables are stationary at first difference. For Johansen Cointegration Test shows that in long run shows 3 variable (money supply M2, interest rate and GDP) are significant at 1% probability of the significant level and exchange rate is not significant. 2016 Thesis https://ir.uitm.edu.my/id/eprint/90578/ https://ir.uitm.edu.my/id/eprint/90578/1/90578.pdf text en public degree Universiti Teknologi MARA, Terengganu Faculty Of Business Management Khamis, Zaleha
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Khamis, Zaleha
topic Stock price indexes
Stock quotations
spellingShingle Stock price indexes
Stock quotations
Hussin, Nurhafizah
The macroeconomic factors that affect stock price in Malaysia / Nurhafizah Hussin
description The objective of this study to test four variables such as exchange rate, money supply M2, interest rate and gross domestic product affect stock price in Malaysia by using time series data. The monthly data have been collected from July 2011 until December 2014. The data have been collected from Thomson Reuters DataStream database and Bank Negara Malaysia (BNM). A Multiple Regression Model is designed to test the effect and Augmented Dickey Fuller (ADF) test was used to find out the stationary of the data series. The multiple regression result of the study indicate the exchange rate and interest rate have negative significant to stock price while money supply M2 and GDP shows the positive significant on stock price. The ADF result represent all the variables are stationary at first difference. For Johansen Cointegration Test shows that in long run shows 3 variable (money supply M2, interest rate and GDP) are significant at 1% probability of the significant level and exchange rate is not significant.
format Thesis
qualification_level Bachelor degree
author Hussin, Nurhafizah
author_facet Hussin, Nurhafizah
author_sort Hussin, Nurhafizah
title The macroeconomic factors that affect stock price in Malaysia / Nurhafizah Hussin
title_short The macroeconomic factors that affect stock price in Malaysia / Nurhafizah Hussin
title_full The macroeconomic factors that affect stock price in Malaysia / Nurhafizah Hussin
title_fullStr The macroeconomic factors that affect stock price in Malaysia / Nurhafizah Hussin
title_full_unstemmed The macroeconomic factors that affect stock price in Malaysia / Nurhafizah Hussin
title_sort macroeconomic factors that affect stock price in malaysia / nurhafizah hussin
granting_institution Universiti Teknologi MARA, Terengganu
granting_department Faculty Of Business Management
publishDate 2016
url https://ir.uitm.edu.my/id/eprint/90578/1/90578.pdf
_version_ 1794192244559839232

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