TRENDS AND CALENDAR EFFECTS IN MALAYSIA’S STOCK MARKET

Ayman Abdalmajeed Ahmad Al-Smadi (), Mahmoud Khalid Almsafir and Nur Hanis Hazwani Binti Husni
Additional contact information
Ayman Abdalmajeed Ahmad Al-Smadi: Al-Zaytoonah University of Jordan
Mahmoud Khalid Almsafir: Universiti Tenaga Nasional (UNITEN), 43000 Kajang
Nur Hanis Hazwani Binti Husni: Universiti Tenaga Nasional (UNITEN), 43000 Kajang

Romanian Economic Business Review, 2018, vol. 13, issue 2, 15-22

Abstract: Investing can help a person's wealth to generate more, and investing in stock is proven as one of the most profitable forms of available investment. The benefits gained in stock broking are immediate Buy/Sell which investor can sell part of their investment any time and at low transaction cost. However, investing in stock will require investor to observe the market, as market can be a volatile place and investor need to acquire knowledge of what they actually are doing. This study will discuss the price trends over the year, and how it will get affected by the seasonality in Malaysia, which also known as the calendar effects. The factor to be investigated in this study is the price on holiday’s season, the January effect or any other monthly seasonality. The daily price of KPJ Healthcare Berhad for the year 2011 is the sample was chosen in this study. Further this study, data used is derived from the weak-form efficient markets hypothesis, which is the price history and case study. Regression method is used in this study in order to help achieving the findings. This should be a continuous study, and adding on more other factors, such as wars and economic crises, and traders, investors and other speculators.

Keywords: Stock; Malaysia; Calendar effect; Investment and KPJ Healthcare Berhad (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.rebe.rau.ro/RePEc/rau/journl/SU18/REBE-SU18-A2.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rau:journl:v:13:y:2018:i:2:p:15-22

Access Statistics for this article

More articles in Romanian Economic Business Review from Romanian-American University Contact information at EDIRC.
Bibliographic data for series maintained by Alex Tabusca ().