A minimum spanning tree stock market analysis of Malaysia technology companies
In this study, the topological structure of Malaysian technology companies stock market was investigated for a one-month period, and a three-month period, before and after the 15th Malaysian General Election. The collected data is the daily closing prices of Malaysia’s top 20 most active companies b...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | en |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2024
|
| Online Access: | http://journalarticle.ukm.my/25183/1/153-162%20Paper.pdf http://journalarticle.ukm.my/25183/ https://www.ukm.my/jqma/ |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1834522758813319168 |
|---|---|
| author | Puteri Nur Qistina Megat Zulrushdi, Hafizah Bahaludin, Siti Nur Iqmal Ibrahim, |
| author_facet | Puteri Nur Qistina Megat Zulrushdi, Hafizah Bahaludin, Siti Nur Iqmal Ibrahim, |
| author_sort | Puteri Nur Qistina Megat Zulrushdi, |
| building | Tun Sri Lanang Library |
| collection | Institutional Repository |
| content_provider | Universiti Kebangsaan Malaysia |
| content_source | UKM Journal Article Repository |
| continent | Asia |
| country | Malaysia |
| description | In this study, the topological structure of Malaysian technology companies stock market was investigated for a one-month period, and a three-month period, before and after the 15th Malaysian General Election. The collected data is the daily closing prices of Malaysia’s top 20 most active companies based on the volume traded in the list of technology companies. The minimum spanning tree was used to construct the network via Kruskal’s algorithm, and the centrality measures of the stocks, such as degree, betweenness, closeness, and eigenvector, were measured to identify influential stocks. The results show that the connection between stocks in one and three months prior to the election is inconsistent, where variations were exhibited during both periods. Based on centrality measures of degree, betweenness, closeness, and eigenvector, the analysis reveals that over a one-month period, THET, AWAN, GREA, and JHMC consistently rank among the top five most influential stocks before the election, while MMST, MYEG, and GREA dominate as the most influential stocks after the election. |
| format | Article |
| id | my-ukm.journal.25183 |
| institution | Universiti Kebangsaan Malaysia |
| language | en |
| publishDate | 2024 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| record_format | eprints |
| spelling | my-ukm.journal.251832025-05-07T07:17:28Z http://journalarticle.ukm.my/25183/ A minimum spanning tree stock market analysis of Malaysia technology companies Puteri Nur Qistina Megat Zulrushdi, Hafizah Bahaludin, Siti Nur Iqmal Ibrahim, In this study, the topological structure of Malaysian technology companies stock market was investigated for a one-month period, and a three-month period, before and after the 15th Malaysian General Election. The collected data is the daily closing prices of Malaysia’s top 20 most active companies based on the volume traded in the list of technology companies. The minimum spanning tree was used to construct the network via Kruskal’s algorithm, and the centrality measures of the stocks, such as degree, betweenness, closeness, and eigenvector, were measured to identify influential stocks. The results show that the connection between stocks in one and three months prior to the election is inconsistent, where variations were exhibited during both periods. Based on centrality measures of degree, betweenness, closeness, and eigenvector, the analysis reveals that over a one-month period, THET, AWAN, GREA, and JHMC consistently rank among the top five most influential stocks before the election, while MMST, MYEG, and GREA dominate as the most influential stocks after the election. Penerbit Universiti Kebangsaan Malaysia 2024-11 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/25183/1/153-162%20Paper.pdf Puteri Nur Qistina Megat Zulrushdi, and Hafizah Bahaludin, and Siti Nur Iqmal Ibrahim, (2024) A minimum spanning tree stock market analysis of Malaysia technology companies. Journal of Quality Measurement and Analysis, 20 (3). pp. 153-162. ISSN 2600-8602 https://www.ukm.my/jqma/ |
| spellingShingle | Puteri Nur Qistina Megat Zulrushdi, Hafizah Bahaludin, Siti Nur Iqmal Ibrahim, A minimum spanning tree stock market analysis of Malaysia technology companies |
| title | A minimum spanning tree stock market analysis of Malaysia technology companies |
| title_full | A minimum spanning tree stock market analysis of Malaysia technology companies |
| title_fullStr | A minimum spanning tree stock market analysis of Malaysia technology companies |
| title_full_unstemmed | A minimum spanning tree stock market analysis of Malaysia technology companies |
| title_short | A minimum spanning tree stock market analysis of Malaysia technology companies |
| title_sort | minimum spanning tree stock market analysis of malaysia technology companies |
| url | http://journalarticle.ukm.my/25183/1/153-162%20Paper.pdf http://journalarticle.ukm.my/25183/ https://www.ukm.my/jqma/ |
| url_provider | http://journalarticle.ukm.my/ |