THE IMPACT OF THE 2018 GENERAL ELECTIONS ON THE MALAYSIAN STOCK MARKET / AMARPREET KAUR A/P BALJIT SINGH.
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TextPublication details: Kuala Lumpur : Asia Pacific University, 2020Description: 168 pages : illustrations ; 30 cmSubject(s): Stock exchanges -- Political aspects -- Malaysia | Elections -- Economic aspects -- MalaysiaLOC classification: PG-24-0162Online resources: Available in APres - Requires login to view full text. Dissertation note: A project submitted in partial fulfillment of the requirements of Asia Pacific University of Technology and Innovation for the degree of B.A. (Hons) in Accounting and Finance with a specialism in Investment and Risk Management (UC3F1906AF(IRM)). Summary: As GE14 witnessed the first time a government change occurred in Malaysia, this study is significant as it aims to contribute to the limited literature on quantitative study of GE14, as well as studying the election impact on two sectoral indices (KLFI and KLCT). This study uses daily data from the period of September 2017 to December 2018, obtained from Thomson Reuters and analyzed in EViews 9 statistical software. Ordinary Least Square (OLS) regression and GARCH methodology was employed. The results of this study found that KLFI performed positively during the election period, followed by KLCI and KLCT which performed negatively; confirming that KLFI is the top gainer whereas the KLCT is the top decliner in the Malaysian stock market during GE14. KLCI, KLFI and KLCT daily stock returns showed political cycle pattern during the election period studied; however, there were no effects onto volatility.
| Item type | Current library | Collection | Call number | Copy number | Status | Notes | Date due | Barcode |
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Reference
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APU Library Reference Collection | Undergraduate Theses | PG-24-0162 (Browse shelf (Opens below)) | 1 | Not for loan (Restricted access) | Available in APres | 00018605 |
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A project submitted in partial fulfillment of the requirements of Asia Pacific University of Technology and Innovation for the degree of B.A. (Hons) in Accounting and Finance with a specialism in Investment and Risk Management (UC3F1906AF(IRM)).
As GE14 witnessed the first time a government change occurred in Malaysia, this study is significant as it aims to contribute to the limited literature on quantitative study of GE14, as well as studying the election impact on two sectoral indices (KLFI and KLCT). This study uses daily data from the period of September 2017 to December 2018, obtained from Thomson Reuters and analyzed in EViews 9 statistical software. Ordinary Least Square (OLS) regression and GARCH methodology was employed. The results of this study found that KLFI performed positively during the election period, followed by KLCI and KLCT which performed negatively; confirming that KLFI is the top gainer whereas the KLCT is the top decliner in the Malaysian stock market during GE14. KLCI, KLFI and KLCT daily stock returns showed political cycle pattern during the election period studied; however, there were no effects onto volatility.
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