The Effect of Selected Macroeconomic Variables and Globalization Factors on Return on Stock Market for Selected Sectors in Malaysia

Yusof, Mohd Kamarul Azriq

doi:10.6007/ijarbss/v7-i6/3060

Cited by 1 publication

(1 citation statement)

References 5 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In another study in Malaysia, Yusof and Ramli (2017) studied the effects of changes in macroeconomic factors, namely the exchange rate, inflation rate and crude oil price on stock market returns on selected sectors in Malaysia. Exchange rate and inflation rate changes are considered macroeconomic changes while crude oil price changes are considered as globalization factor.…”

Section: Literature Reviewmentioning

confidence: 99%

Stock Prices’ Response Towards Macroeconomic Shocks in Listed Malaysian Property and Construction Companies

Abdullah¹

2022

ASBJ

View full text Add to dashboard Cite

This study seeks to determine the impact of macroeconomic shocks on both sectors’ stock prices. Due to the similarity in their activities, this study aims to discover if changes in macroeconomic variables affect their stock prices. The stock price movement behavior of the stocks from these two sectors is investigated to assist investors in estimating the profitability of the stocks in property and construction sectors in Malaysia and to assist the government in developing policies to curb speculation in the stock market. The impact of macroeconomic shocks on both sectors’ stock prices is evaluated to provide insight to investors and policy makers to prepare them for sudden changes in government monetary policies. This is investigated through the impulse response functions (IRF) and variance decomposition analysis. Annual data from 1995 to 2013 are evaluated and the IRF results indicate that interest rate changes influence stock prices the most while trade openness has the least effect on the stock prices.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Stock Prices’ Response Towards Macroeconomic Shocks in Listed Malaysian Property and Construction Companies

Abdullah¹

2022

ASBJ

View full text Add to dashboard Cite

show abstract

The Effect of Selected Macroeconomic Variables and Globalization Factors on Return on Stock Market for Selected Sectors in Malaysia

Cited by 1 publication

References 5 publications

Stock Prices’ Response Towards Macroeconomic Shocks in Listed Malaysian Property and Construction Companies

Stock Prices’ Response Towards Macroeconomic Shocks in Listed Malaysian Property and Construction Companies

Contact Info

Product

Resources

About