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The international stock market interdependence between Malaysia, Singapore and Indonesia / Mohd Farhan Jafri

The issues of international stock markets linkages had been investigated over the time. Since the Asian financial crisis in 1997, many economists are concerned about the relationship between Asian stock markets and others in the world. This paper is conducted to examine the linkages between Malaysia...

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Main Author: Jafri, Mohd Farhan
Format: Student Project
Language:English
Published: Faculty of Business and Management 2009
Subjects:
Investment, capital formation, speculation
Stock price indexes. Stock quotations
Online Access:http://ir.uitm.edu.my/id/eprint/25423/1/PPb_MOHD%20FARHAN%20JAFRI%20BM%20M%2009_5.pdf
http://ir.uitm.edu.my/id/eprint/25423/
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spelling my.uitm.ir.254232019-11-08T09:19:17Z http://ir.uitm.edu.my/id/eprint/25423/ The international stock market interdependence between Malaysia, Singapore and Indonesia / Mohd Farhan Jafri Jafri, Mohd Farhan Investment, capital formation, speculation Stock price indexes. Stock quotations The issues of international stock markets linkages had been investigated over the time. Since the Asian financial crisis in 1997, many economists are concerned about the relationship between Asian stock markets and others in the world. This paper is conducted to examine the linkages between Malaysia, Singapore, and Indonesia stock markets. The Vector Autoregression (VAR) model was applied to five years daily price stock index from these three countries from 2004 to 2008. The results show that both a domestic and international price relationship between stock indexes exists in Malaysia, Singapore and Indonesia. Furthermore, the study shows that the current return of Malaysia market is not affected by the previous return of the same market. The result from the finding also indicates that the current return of Indonesia market is not persuading by the previous return from the same market. However, the result shows that the current market return of Singapore market is positively influence by the previous return from the same market. As a conclusion, the result of this study show that the relationship effect exists between stock market in Malaysia, Singapore and Jakarta. This means the investors should be aware of the price movement in stock market between Malaysia, Singapore and Indonesia. The result also indicates that there is international stock market interdependence between these three countries. Faculty of Business and Management 2009 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/25423/1/PPb_MOHD%20FARHAN%20JAFRI%20BM%20M%2009_5.pdf Jafri, Mohd Farhan (2009) The international stock market interdependence between Malaysia, Singapore and Indonesia / Mohd Farhan Jafri. [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 Investment, capital formation, speculation
Stock price indexes. Stock quotations
spellingShingle Investment, capital formation, speculation
Stock price indexes. Stock quotations
Jafri, Mohd Farhan
The international stock market interdependence between Malaysia, Singapore and Indonesia / Mohd Farhan Jafri
description The issues of international stock markets linkages had been investigated over the time. Since the Asian financial crisis in 1997, many economists are concerned about the relationship between Asian stock markets and others in the world. This paper is conducted to examine the linkages between Malaysia, Singapore, and Indonesia stock markets. The Vector Autoregression (VAR) model was applied to five years daily price stock index from these three countries from 2004 to 2008. The results show that both a domestic and international price relationship between stock indexes exists in Malaysia, Singapore and Indonesia. Furthermore, the study shows that the current return of Malaysia market is not affected by the previous return of the same market. The result from the finding also indicates that the current return of Indonesia market is not persuading by the previous return from the same market. However, the result shows that the current market return of Singapore market is positively influence by the previous return from the same market. As a conclusion, the result of this study show that the relationship effect exists between stock market in Malaysia, Singapore and Jakarta. This means the investors should be aware of the price movement in stock market between Malaysia, Singapore and Indonesia. The result also indicates that there is international stock market interdependence between these three countries.
format Student Project
author Jafri, Mohd Farhan
author_facet Jafri, Mohd Farhan
author_sort Jafri, Mohd Farhan
title The international stock market interdependence between Malaysia, Singapore and Indonesia / Mohd Farhan Jafri
title_short The international stock market interdependence between Malaysia, Singapore and Indonesia / Mohd Farhan Jafri
title_full The international stock market interdependence between Malaysia, Singapore and Indonesia / Mohd Farhan Jafri
title_fullStr The international stock market interdependence between Malaysia, Singapore and Indonesia / Mohd Farhan Jafri
title_full_unstemmed The international stock market interdependence between Malaysia, Singapore and Indonesia / Mohd Farhan Jafri
title_sort international stock market interdependence between malaysia, singapore and indonesia / mohd farhan jafri
publisher Faculty of Business and Management
publishDate 2009
url http://ir.uitm.edu.my/id/eprint/25423/1/PPb_MOHD%20FARHAN%20JAFRI%20BM%20M%2009_5.pdf
http://ir.uitm.edu.my/id/eprint/25423/
_version_ 1685649995536007168
score 13.211869

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