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Macroeconomic determinants of stock market performance: Evidences from a Malaysia and United States / Aqeel Mohtar and Shazlin Iryanti Saruddin

This study is focusing on the effect of macroeconomic determinants towards stock market performance in Malaysia and United States. The purpose of this study is to study the relationship between dependent variable and independent variables and identify the most significant factor that affecting th...

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Main Authors: Mohtar, Aqeel, Saruddin, Shazlin Iryanti
Format: Student Project
Language:English
Published: Faculty of Business Management 2016
Subjects:
Macroeconomics
Malaysia
Online Access:http://ir.uitm.edu.my/id/eprint/14752/1/PPb_AQEEL%20MOHTAR%20BM%2016_5.pdf
http://ir.uitm.edu.my/id/eprint/14752/
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spelling my.uitm.ir.147522016-09-26T08:57:57Z http://ir.uitm.edu.my/id/eprint/14752/ Macroeconomic determinants of stock market performance: Evidences from a Malaysia and United States / Aqeel Mohtar and Shazlin Iryanti Saruddin Mohtar, Aqeel Saruddin, Shazlin Iryanti Macroeconomics Malaysia This study is focusing on the effect of macroeconomic determinants towards stock market performance in Malaysia and United States. The purpose of this study is to study the relationship between dependent variable and independent variables and identify the most significant factor that affecting the stock market performance in Malaysia and United States. The data are collected quarterly data from period of 1997:Q1 to 2015:Q4. The data are tested using Unit Root Test, Panel Data Regression and Diagnostic tests to find the relationship between macroeconomic determinants variables such as money supply, interest rates, exchange rates, gross domestic product and industrial production index towards Malaysia and United States stock market performance. The results obtained from Pool OLS estimation reveal that money supply, interest rate, gross domestic product and industrial production index have positive relationship on the stock market performance while exchange rate has negative relationship on the stock market performance. This shows that the United States and Malaysian stock market are sensitive to changes in the macroeconomic variables. Furthermore, based on the result, money supply is the most significant factor that affecting the stock market performance. Faculty of Business Management 2016 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/14752/1/PPb_AQEEL%20MOHTAR%20BM%2016_5.pdf Mohtar, Aqeel and Saruddin, Shazlin Iryanti (2016) Macroeconomic determinants of stock market performance: Evidences from a Malaysia and United States / Aqeel Mohtar and Shazlin Iryanti Saruddin. [Student Project] (Unpublished)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Macroeconomics
Malaysia
spellingShingle Macroeconomics
Malaysia
Mohtar, Aqeel
Saruddin, Shazlin Iryanti
Macroeconomic determinants of stock market performance: Evidences from a Malaysia and United States / Aqeel Mohtar and Shazlin Iryanti Saruddin
description This study is focusing on the effect of macroeconomic determinants towards stock market performance in Malaysia and United States. The purpose of this study is to study the relationship between dependent variable and independent variables and identify the most significant factor that affecting the stock market performance in Malaysia and United States. The data are collected quarterly data from period of 1997:Q1 to 2015:Q4. The data are tested using Unit Root Test, Panel Data Regression and Diagnostic tests to find the relationship between macroeconomic determinants variables such as money supply, interest rates, exchange rates, gross domestic product and industrial production index towards Malaysia and United States stock market performance. The results obtained from Pool OLS estimation reveal that money supply, interest rate, gross domestic product and industrial production index have positive relationship on the stock market performance while exchange rate has negative relationship on the stock market performance. This shows that the United States and Malaysian stock market are sensitive to changes in the macroeconomic variables. Furthermore, based on the result, money supply is the most significant factor that affecting the stock market performance.
format Student Project
author Mohtar, Aqeel
Saruddin, Shazlin Iryanti
author_facet Mohtar, Aqeel
Saruddin, Shazlin Iryanti
author_sort Mohtar, Aqeel
title Macroeconomic determinants of stock market performance: Evidences from a Malaysia and United States / Aqeel Mohtar and Shazlin Iryanti Saruddin
title_short Macroeconomic determinants of stock market performance: Evidences from a Malaysia and United States / Aqeel Mohtar and Shazlin Iryanti Saruddin
title_full Macroeconomic determinants of stock market performance: Evidences from a Malaysia and United States / Aqeel Mohtar and Shazlin Iryanti Saruddin
title_fullStr Macroeconomic determinants of stock market performance: Evidences from a Malaysia and United States / Aqeel Mohtar and Shazlin Iryanti Saruddin
title_full_unstemmed Macroeconomic determinants of stock market performance: Evidences from a Malaysia and United States / Aqeel Mohtar and Shazlin Iryanti Saruddin
title_sort macroeconomic determinants of stock market performance: evidences from a malaysia and united states / aqeel mohtar and shazlin iryanti saruddin
publisher Faculty of Business Management
publishDate 2016
url http://ir.uitm.edu.my/id/eprint/14752/1/PPb_AQEEL%20MOHTAR%20BM%2016_5.pdf
http://ir.uitm.edu.my/id/eprint/14752/
_version_ 1685648564038926336
score 13.211869

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