A study of the relationship between share price and exchange rate / Fakitah Che Pah

The currency fluctuates every day and it seems to be very close-related with share price. This paper examines whether stock prices and exchange rates are related to each other or not. It also aimed to know the relationship between share price, exchange rate and also past share price. The variables w...

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Main Author:	Che Pah, Fakitah
Format:	Thesis
Language:	English
Published:	2013
Subjects:	Stock exchanges Insider trading in securities
Online Access:	https://ir.uitm.edu.my/id/eprint/92172/1/92172.pdf
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id	my-uitm-ir.92172
record_format	uketd_dc
spelling	my-uitm-ir.921722024-03-15T07:36:20Z A study of the relationship between share price and exchange rate / Fakitah Che Pah 2013 Che Pah, Fakitah Stock exchanges. Insider trading in securities The currency fluctuates every day and it seems to be very close-related with share price. This paper examines whether stock prices and exchange rates are related to each other or not. It also aimed to know the relationship between share price, exchange rate and also past share price. The variables were selected based on relevant economic theories that allow such interactions among variables. The study has been done using multivariate panel data available in STATA software. The data was taken from Data Stream within 2004 - 2011 which is 8 years length of time. The sample was from 4 ASEAN countries which Malaysia, Singapore, Thailand and Indonesia. The data was run using POLS analysis and other related test. In this research, it found that both variables are significant. In addition, researcher found that the exchange rate have a negative relationship with share price. Meanwhile, the past share price have a positive relationship with current share price. It also found that the past share price is the most elastic variable compared to the exchange rate. It is recommended that future researchers should improve the reliability and validity of the results by replacing the other independent variables such as inflation rate, Gross Domestic Product and also Foreign Direct Investment. 2013 Thesis https://ir.uitm.edu.my/id/eprint/92172/ https://ir.uitm.edu.my/id/eprint/92172/1/92172.pdf text en public degree Universiti Teknologi MARA, Terengganu Faculty Of Business Management Wan Mahmood, Wan Mansor
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Wan Mahmood, Wan Mansor
topic	Stock exchanges Insider trading in securities
spellingShingle	Stock exchanges Insider trading in securities Che Pah, Fakitah A study of the relationship between share price and exchange rate / Fakitah Che Pah
description	The currency fluctuates every day and it seems to be very close-related with share price. This paper examines whether stock prices and exchange rates are related to each other or not. It also aimed to know the relationship between share price, exchange rate and also past share price. The variables were selected based on relevant economic theories that allow such interactions among variables. The study has been done using multivariate panel data available in STATA software. The data was taken from Data Stream within 2004 - 2011 which is 8 years length of time. The sample was from 4 ASEAN countries which Malaysia, Singapore, Thailand and Indonesia. The data was run using POLS analysis and other related test. In this research, it found that both variables are significant. In addition, researcher found that the exchange rate have a negative relationship with share price. Meanwhile, the past share price have a positive relationship with current share price. It also found that the past share price is the most elastic variable compared to the exchange rate. It is recommended that future researchers should improve the reliability and validity of the results by replacing the other independent variables such as inflation rate, Gross Domestic Product and also Foreign Direct Investment.
format	Thesis
qualification_level	Bachelor degree
author	Che Pah, Fakitah
author_facet	Che Pah, Fakitah
author_sort	Che Pah, Fakitah
title	A study of the relationship between share price and exchange rate / Fakitah Che Pah
title_short	A study of the relationship between share price and exchange rate / Fakitah Che Pah
title_full	A study of the relationship between share price and exchange rate / Fakitah Che Pah
title_fullStr	A study of the relationship between share price and exchange rate / Fakitah Che Pah
title_full_unstemmed	A study of the relationship between share price and exchange rate / Fakitah Che Pah
title_sort	study of the relationship between share price and exchange rate / fakitah che pah
granting_institution	Universiti Teknologi MARA, Terengganu
granting_department	Faculty Of Business Management
publishDate	2013
url	https://ir.uitm.edu.my/id/eprint/92172/1/92172.pdf
_version_	1794192265283895296

A study of the relationship between share price and exchange rate / Fakitah Che Pah

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