The relationship between weather and stock market performance: evidence from Malaysia / Amirul Adly Roslan

Stock market is one an important indicator of economy in the country. This research aiming to investigate the weather could influencing the stock market performance. Therefore, this research want to examine that the relationship between weather and stock market performance. Good market return in the...

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Main Author:	Roslan, Amirul Adly
Format:	Thesis
Language:	English
Published:	2016
Subjects:	Dissertations, Academic Preparation of theses
Online Access:	https://ir.uitm.edu.my/id/eprint/95394/1/95394.PDF
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id	my-uitm-ir.95394
record_format	uketd_dc
spelling	my-uitm-ir.953942024-05-17T07:59:22Z The relationship between weather and stock market performance: evidence from Malaysia / Amirul Adly Roslan 2016 Roslan, Amirul Adly Dissertations, Academic. Preparation of theses Stock market is one an important indicator of economy in the country. This research aiming to investigate the weather could influencing the stock market performance. Therefore, this research want to examine that the relationship between weather and stock market performance. Good market return in the country are said to be an essential part of country economic development. So the investor must know when the market return can give good advantages to them. Therefore, the good weather can give positive relationship with the market return. The dependent variable on this research is Kuala Lumpur Composite Index (KLCI) and the independent variable are categories as types of weather that are cloud cover, evaporation, humidity, rainfall and temperature. There is no general consensus between this combinations of this weather. In addition, time series data analysis for a period of 2011-2015 (5 years) in daily basis has been used in this paper. Time series regression analysis was used to recognize the most optimal model in explaining the level of stock market performance. The findings of this paper designate that the average of market returns for the period of study is 21.21 %. In the meantime, evaporation, humidity and temperature is the only variable that significantly shows a positive relationship with market return, while cloud cover and rainfall showing no significant relationship with market return. 2016 Thesis https://ir.uitm.edu.my/id/eprint/95394/ https://ir.uitm.edu.my/id/eprint/95394/1/95394.PDF text en public degree Universiti Teknologi MARA, Negeri Sembilan Faculty of Business Management
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
topic	Dissertations, Academic Preparation of theses
spellingShingle	Dissertations, Academic Preparation of theses Roslan, Amirul Adly The relationship between weather and stock market performance: evidence from Malaysia / Amirul Adly Roslan
description	Stock market is one an important indicator of economy in the country. This research aiming to investigate the weather could influencing the stock market performance. Therefore, this research want to examine that the relationship between weather and stock market performance. Good market return in the country are said to be an essential part of country economic development. So the investor must know when the market return can give good advantages to them. Therefore, the good weather can give positive relationship with the market return. The dependent variable on this research is Kuala Lumpur Composite Index (KLCI) and the independent variable are categories as types of weather that are cloud cover, evaporation, humidity, rainfall and temperature. There is no general consensus between this combinations of this weather. In addition, time series data analysis for a period of 2011-2015 (5 years) in daily basis has been used in this paper. Time series regression analysis was used to recognize the most optimal model in explaining the level of stock market performance. The findings of this paper designate that the average of market returns for the period of study is 21.21 %. In the meantime, evaporation, humidity and temperature is the only variable that significantly shows a positive relationship with market return, while cloud cover and rainfall showing no significant relationship with market return.
format	Thesis
qualification_level	Bachelor degree
author	Roslan, Amirul Adly
author_facet	Roslan, Amirul Adly
author_sort	Roslan, Amirul Adly
title	The relationship between weather and stock market performance: evidence from Malaysia / Amirul Adly Roslan
title_short	The relationship between weather and stock market performance: evidence from Malaysia / Amirul Adly Roslan
title_full	The relationship between weather and stock market performance: evidence from Malaysia / Amirul Adly Roslan
title_fullStr	The relationship between weather and stock market performance: evidence from Malaysia / Amirul Adly Roslan
title_full_unstemmed	The relationship between weather and stock market performance: evidence from Malaysia / Amirul Adly Roslan
title_sort	relationship between weather and stock market performance: evidence from malaysia / amirul adly roslan
granting_institution	Universiti Teknologi MARA, Negeri Sembilan
granting_department	Faculty of Business Management
publishDate	2016
url	https://ir.uitm.edu.my/id/eprint/95394/1/95394.PDF
_version_	1804889956431167488

The relationship between weather and stock market performance: evidence from Malaysia / Amirul Adly Roslan

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