Performance indicators analysis of Malaysia’s stock market during COVID-19 pandemic
The emergence of COVID-19 has affected the stock market in Malaysia and the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBMKLCI). From this point of view, stock price movement influenced by financial and non-financial performance indicators is noticed. In detail, gross domestic product, consum...
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| Format: | Conference or Workshop Item |
| Language: | en |
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2024
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| Online Access: | http://eprints.uthm.edu.my/12219/1/P17076_001e5dcd9b7beb86b8cde8814b1e31d4.pdf%2012.pdf http://eprints.uthm.edu.my/12219/ https://doi.org/10.30880/ekst.2024.04.01.003 |
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| author | Chia, Zhe Yie Kek, Sie Long Ismail, Isaudin |
| author_facet | Chia, Zhe Yie Kek, Sie Long Ismail, Isaudin |
| author_sort | Chia, Zhe Yie |
| building | UTHM Library |
| collection | Institutional Repository |
| content_provider | Universiti Tun Hussein Onn Malaysia |
| content_source | UTHM Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | The emergence of COVID-19 has affected the stock market in Malaysia and the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBMKLCI). From this point of view, stock price movement influenced by financial and non-financial performance indicators is noticed. In detail, gross domestic product, consumer price index, industrial production index and exchange rate are financial indicators. Meanwhile, the unemployment rate, number of COVID-19 cases, and number of COVID-19 deaths are non-financial indicators. In our study, three objectives are considered. The first is to test the stationarity of data collected by the Augmented Dickey-Fuller test. The second is to identify the impact of the performance indicators on the stock market by multiple linear regression analysis. The third is to determine the relationship between Malaysia’s stock market and performance indicators during the COVID-19 pandemic using the Granger causality test. From the analysis results, the multiple linear regression analysis proves that the exchange rate, unemployment rate, and COVID-19 deaths are negatively correlated with the FBMKLCI. The Granger causality test shows a unidirectional Granger relationship between CPI and FBMKLCI |
| format | Conference or Workshop Item |
| id | my.uthm.eprints-12219 |
| institution | Universiti Tun Hussein Onn Malaysia |
| language | en |
| publishDate | 2024 |
| record_format | eprints |
| spelling | my.uthm.eprints-122192025-04-21T02:54:45Z http://eprints.uthm.edu.my/12219/ Performance indicators analysis of Malaysia’s stock market during COVID-19 pandemic Chia, Zhe Yie Kek, Sie Long Ismail, Isaudin HC Economic History and Conditions The emergence of COVID-19 has affected the stock market in Malaysia and the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBMKLCI). From this point of view, stock price movement influenced by financial and non-financial performance indicators is noticed. In detail, gross domestic product, consumer price index, industrial production index and exchange rate are financial indicators. Meanwhile, the unemployment rate, number of COVID-19 cases, and number of COVID-19 deaths are non-financial indicators. In our study, three objectives are considered. The first is to test the stationarity of data collected by the Augmented Dickey-Fuller test. The second is to identify the impact of the performance indicators on the stock market by multiple linear regression analysis. The third is to determine the relationship between Malaysia’s stock market and performance indicators during the COVID-19 pandemic using the Granger causality test. From the analysis results, the multiple linear regression analysis proves that the exchange rate, unemployment rate, and COVID-19 deaths are negatively correlated with the FBMKLCI. The Granger causality test shows a unidirectional Granger relationship between CPI and FBMKLCI 2024-07-27 Conference or Workshop Item PeerReviewed text en http://eprints.uthm.edu.my/12219/1/P17076_001e5dcd9b7beb86b8cde8814b1e31d4.pdf%2012.pdf Chia, Zhe Yie and Kek, Sie Long and Ismail, Isaudin (2024) Performance indicators analysis of Malaysia’s stock market during COVID-19 pandemic. In: ENHANCED KNOWLEDGE IN SCIENCES AND TECHNOLOGY. https://doi.org/10.30880/ekst.2024.04.01.003 |
| spellingShingle | HC Economic History and Conditions Chia, Zhe Yie Kek, Sie Long Ismail, Isaudin Performance indicators analysis of Malaysia’s stock market during COVID-19 pandemic |
| title | Performance indicators analysis of Malaysia’s stock market during COVID-19 pandemic |
| title_full | Performance indicators analysis of Malaysia’s stock market during COVID-19 pandemic |
| title_fullStr | Performance indicators analysis of Malaysia’s stock market during COVID-19 pandemic |
| title_full_unstemmed | Performance indicators analysis of Malaysia’s stock market during COVID-19 pandemic |
| title_short | Performance indicators analysis of Malaysia’s stock market during COVID-19 pandemic |
| title_sort | performance indicators analysis of malaysia’s stock market during covid-19 pandemic |
| topic | HC Economic History and Conditions |
| url | http://eprints.uthm.edu.my/12219/1/P17076_001e5dcd9b7beb86b8cde8814b1e31d4.pdf%2012.pdf http://eprints.uthm.edu.my/12219/ https://doi.org/10.30880/ekst.2024.04.01.003 |
| url_provider | http://eprints.uthm.edu.my/ |