Impact of macroeconomics variables toward Kuala Lumpur composite index (KLCI)

This paper is attempted to investigate and evaluate the impact of macroeconomic variables toward Kuala Lumpur Composite Index, KL<;I. There are several variables that included in this study, namely consumer price index (CPI), money supply (MS), Malaysian Treasury bill (TBR), industrial production...

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Main Author:	Chong, Min Khiuk
Format:	Thesis
Language:	English
Published:	2013
Subjects:	HB Economic Theory
Online Access:	http://ir.unimas.my/id/eprint/10374/1/Chong%20Min%20Khiuk%20ft.pdf
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id	my-unimas-ir.10374
record_format	uketd_dc
spelling	my-unimas-ir.103742023-05-05T07:25:15Z Impact of macroeconomics variables toward Kuala Lumpur composite index (KLCI) 2013 Chong, Min Khiuk HB Economic Theory This paper is attempted to investigate and evaluate the impact of macroeconomic variables toward Kuala Lumpur Composite Index, KL<;I. There are several variables that included in this study, namely consumer price index (CPI), money supply (MS), Malaysian Treasury bill (TBR), industrial production index (lPI), gold price (GP), oil price (OP). The data that obtained will tested by the Unit root test in order to ensure the stationary of the data All of the series data are significance after first difference was made, following by the Johansen co integration test to examine the long run relationship of the variables. It proved that, there exist long run and strong significance relationship be~ween Kuala Lumpur Composite Index and the selected variables. The study proceeds to Granger causality test revealed that there exist short run relationship between the Kuala Lumpur Composite Index and the variables namely consumer price index, money supply, Malaysia Treasury bill, industrial production index, gold price and oil price. After implemented these three tests, the result showed that the selected variables do have impact on the stock market in Malaysia. This study is important for those market participants and especially policy maker to understand behavior of the stock market as well in order to make right decision when doing their investment portfolio. Universiti Malaysia Sarawak, (UNIMAS) 2013 Thesis http://ir.unimas.my/id/eprint/10374/ http://ir.unimas.my/id/eprint/10374/1/Chong%20Min%20Khiuk%20ft.pdf text en validuser masters Universiti Malaysia Sarawak, UNIMAS Faculty of Economics and Business.
institution	Universiti Malaysia Sarawak
collection	UNIMAS Institutional Repository
language	English
topic	HB Economic Theory
spellingShingle	HB Economic Theory Chong, Min Khiuk Impact of macroeconomics variables toward Kuala Lumpur composite index (KLCI)
description	This paper is attempted to investigate and evaluate the impact of macroeconomic variables toward Kuala Lumpur Composite Index, KL<;I. There are several variables that included in this study, namely consumer price index (CPI), money supply (MS), Malaysian Treasury bill (TBR), industrial production index (lPI), gold price (GP), oil price (OP). The data that obtained will tested by the Unit root test in order to ensure the stationary of the data All of the series data are significance after first difference was made, following by the Johansen co integration test to examine the long run relationship of the variables. It proved that, there exist long run and strong significance relationship be~ween Kuala Lumpur Composite Index and the selected variables. The study proceeds to Granger causality test revealed that there exist short run relationship between the Kuala Lumpur Composite Index and the variables namely consumer price index, money supply, Malaysia Treasury bill, industrial production index, gold price and oil price. After implemented these three tests, the result showed that the selected variables do have impact on the stock market in Malaysia. This study is important for those market participants and especially policy maker to understand behavior of the stock market as well in order to make right decision when doing their investment portfolio.
format	Thesis
qualification_level	Master's degree
author	Chong, Min Khiuk
author_facet	Chong, Min Khiuk
author_sort	Chong, Min Khiuk
title	Impact of macroeconomics variables toward Kuala Lumpur composite index (KLCI)
title_short	Impact of macroeconomics variables toward Kuala Lumpur composite index (KLCI)
title_full	Impact of macroeconomics variables toward Kuala Lumpur composite index (KLCI)
title_fullStr	Impact of macroeconomics variables toward Kuala Lumpur composite index (KLCI)
title_full_unstemmed	Impact of macroeconomics variables toward Kuala Lumpur composite index (KLCI)
title_sort	impact of macroeconomics variables toward kuala lumpur composite index (klci)
granting_institution	Universiti Malaysia Sarawak, UNIMAS
granting_department	Faculty of Economics and Business.
publishDate	2013
url	http://ir.unimas.my/id/eprint/10374/1/Chong%20Min%20Khiuk%20ft.pdf
_version_	1783728065034059776

Impact of macroeconomics variables toward Kuala Lumpur composite index (KLCI)

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