Factors that influence stock prices of telecommunication companies in Malaysia / Ahmad Taufiq Roslan

The aims of this research are to study the effect and correlation between the selected macroeconomic variables and stock price using annual data from 2010 to 2019, which is 10 years. There is one dependent variable which is stock price and three (3) independent variables such as inflation rate (INF)...

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Bibliographic Details
Main Author: Roslan, Ahmad Taufiq
Format: Thesis
Language:English
Published: 2022
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/96279/1/96279.pdf
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Summary:The aims of this research are to study the effect and correlation between the selected macroeconomic variables and stock price using annual data from 2010 to 2019, which is 10 years. There is one dependent variable which is stock price and three (3) independent variables such as inflation rate (INF), an exchange rate (ECR), and interest rate (INT). Descriptive Statistics and Ordinary least squares (OLS) have been used as the methods in this research. Moreover, to estimate the unknown parameters in a linear regression model, the Ordinary Least Squares (OLS) were used. The result indicates that only the exchange rate gives a significant impact on the share price while the inflation rate and interest rate do not give any significant impact. This is due to both scores do not within the level of significance respectively.