Potential indicators for Islamic stock markets in Bursa Malaysia
Forecasting price movements in the stock market has been a major challenge for common investors, businesses, brokers, and speculators. This paper examines the profitability of technical indicators trading rules in the Malaysia stock market. The data cover a period of 22 years from January 2000 to De...
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| Format: | Conference or Workshop Item |
| Language: | en |
| Published: |
2023
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| Online Access: | https://ir.uitm.edu.my/id/eprint/105607/1/105607.pdf https://ir.uitm.edu.my/id/eprint/105607/ https://seaipc.com/ |
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| _version_ | 1850997937240276992 |
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| author | Senin, Syahbudin |
| author_facet | Senin, Syahbudin |
| author_sort | Senin, Syahbudin |
| building | Tun Abdul Razak Library |
| collection | Institutional Repository |
| content_provider | Universiti Teknologi Mara |
| content_source | UiTM Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | Forecasting price movements in the stock market has been a major challenge for common investors, businesses, brokers, and speculators. This paper examines the profitability of technical indicators trading rules in the Malaysia stock market. The data cover a period of 22 years from January 2000 to December 2022. The instruments investigated is FTSE Bursa Malaysia KLC index. Trading strategies investigated include Directional Movement Indicator, On Balance Volume, Stochastic Oscillator, Moving Average Convergence-Divergence and Relative Strength Index. Performances are compared to a simple Buy-and-Hold. Statistical tests are also performed. Our empirical results show a strong performance of technical trading rules in Malaysian as well as generate statistically significant returns. |
| format | Conference or Workshop Item |
| id | my.uitm.ir-105607 |
| institution | Universiti Teknologi Mara |
| language | en |
| publishDate | 2023 |
| record_format | eprints |
| spelling | my.uitm.ir-1056072025-12-05T07:32:01Z https://ir.uitm.edu.my/id/eprint/105607/ Potential indicators for Islamic stock markets in Bursa Malaysia Senin, Syahbudin Corporations Stock exchanges. Insider trading in securities Forecasting price movements in the stock market has been a major challenge for common investors, businesses, brokers, and speculators. This paper examines the profitability of technical indicators trading rules in the Malaysia stock market. The data cover a period of 22 years from January 2000 to December 2022. The instruments investigated is FTSE Bursa Malaysia KLC index. Trading strategies investigated include Directional Movement Indicator, On Balance Volume, Stochastic Oscillator, Moving Average Convergence-Divergence and Relative Strength Index. Performances are compared to a simple Buy-and-Hold. Statistical tests are also performed. Our empirical results show a strong performance of technical trading rules in Malaysian as well as generate statistically significant returns. 2023 Conference or Workshop Item PeerReviewed text en https://ir.uitm.edu.my/id/eprint/105607/1/105607.pdf Senin, Syahbudin (2023) Potential indicators for Islamic stock markets in Bursa Malaysia. (2023) In: The 8th Southeast Asia International Philanthropy Conference 2023 (SEAIPC2023), 7-9 November 2023, Waterfront Hotel, Kuching, Sarawak. https://seaipc.com/ |
| spellingShingle | Corporations Stock exchanges. Insider trading in securities Senin, Syahbudin Potential indicators for Islamic stock markets in Bursa Malaysia |
| title | Potential indicators for Islamic stock markets in Bursa Malaysia |
| title_full | Potential indicators for Islamic stock markets in Bursa Malaysia |
| title_fullStr | Potential indicators for Islamic stock markets in Bursa Malaysia |
| title_full_unstemmed | Potential indicators for Islamic stock markets in Bursa Malaysia |
| title_short | Potential indicators for Islamic stock markets in Bursa Malaysia |
| title_sort | potential indicators for islamic stock markets in bursa malaysia |
| topic | Corporations Stock exchanges. Insider trading in securities |
| url | https://ir.uitm.edu.my/id/eprint/105607/1/105607.pdf https://ir.uitm.edu.my/id/eprint/105607/ https://seaipc.com/ |
| url_provider | http://ir.uitm.edu.my/ |