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/ http://ir.uitm.edu.my/id/eprint/14752/1/PPb_AQEEL%20MOHTAR%20BM%2016_5.pdf

id	uitm-14752
recordtype	eprints
spelling	uitm-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)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
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/ http://ir.uitm.edu.my/id/eprint/14752/1/PPb_AQEEL%20MOHTAR%20BM%2016_5.pdf
first_indexed	2023-09-18T22:52:19Z
last_indexed	2023-09-18T22:52:19Z
_version_	1777417626240155648

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

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