With the outbreak of the pandemic Covid-19 that started in the city of Wuhan, China back in December 2019, the government of Malaysia announced a movement control order (MCO) after there were local active cases recorded in March 2020. Many parties got affected by the MCO implementation from the shutdown of small-medium enterprises (SMEs) to people being prohibited from travelling to the workplace. These shocks had given a huge impact on many industries in Malaysia, mainly the financial services sector. Banks have their hands full in the light of the pandemic since borrowers and businesses are likely to start seeking financial relief due to job losses, slowed sales, and declining profits. Bank Negara Malaysia (BNM) had taken an initiative as one of the efforts to ensure Malaysia's financial stability by generating a moratorium for borrowers, those who got affected financially due to the Covid-19 lockdowns. This in turn has affected the volatility of the financial services sector. This study focuses on the interrelationship of Covid-19 cases in Malaysia, China, and the United States, as well as Malaysia's non-performing loans, towards the financial services sector in Malaysia. The method used in this study is multiple linear regression, descriptive analysis, and correlation coefficient. The findings show that all independent variables have a positive relationship and are significant to the dependent variable which was proven by the p-value
This research wants to investigate the effect of COVID-19 towards stock market performance. COVID-19 is new disease that caused by strain of coronavirus, a type of virus known to cause respiratory infections in human's body. This virus started it outbreak in December 2019 does not only affect the healthcare of people but also the economics of the emerging country such as Malaysia. Thus, the COVID-19 pandemic also shows its impact on the global stock market return. This occurrence is created when the number of COVID-19 cases in Malaysia increased which led to the government of Malaysia announced a movement control order (MCO). The outbreak forced the shutdown the operation of business and daily activities, then affected the stock market. The consequences of infectious are considerable and have been directly affecting stock markets return worldwide. The main aim of this study is to focus more on the performance of healthcare index by using the healthcare index return as the dependent variable. While the independent variables used in this study are COVID-19 cases, COVID-19 death cases, financial market volatility VIX index and money supply. The method use in this study are multiple linear regression. This study using the secondary data and daily data with the sample period covered from 24 January 2020 to 23 November 2020. The findings shows that all independent variable have the significant relationship with the healthcare index return. For further studies, researchers can extend the research by making a performance comparison between pre and post pandemic effect towards healthcare index return.
This research is an attempt to initiate a theoretical interrelationship global market indices and commodities towards KLCI index over the period 2016-2020. The stock market performance can be evaluate using a variety of indicators to identify the present situation of the economy, whether the country is worth investing in or should be avoided, and to indicate the economy's overall health. The dependent variable used in this study is KLCI index while for an independent variables are Dow Jones Industrial Average Index (DJIA), SSE Composite Index (SSE), Hang Seng Index (HIS), crude oil price and gold price. The methodology used for this study focused on descriptive analysis, correlation analysis and multiple regression analysis. The findings of this study shows that most of the independent variables have significant relationship with dependent variable except f o r Gold Price (GOLD). SSE Composite Index (SSE), Hang Seng Index (HSI), Crude Oil Price (OIL) have a positive relationship with KLCI Index. Dow Jones Industrial Average Index (DJIA) and Gold Price (GOLD) have a negative relationship with KLCI Index. For future studies, the researchers can use an event study method to see the comparison of stock market performance due to Global market indices and commodities.
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