Abstract
The 2018 Malaysia general election has marked a new history for the Malaysia political structure. After more than 60 years Barisan Nasional ruling the country, in the 2018 general election Barisan Nasional lose the game to the Pakatan Harapan. The results of the 14th general election has caused a shock not only to political arena but also to the Malaysian financial market. Therefore, this paper aims to investigate if there is any significant effect of 14th Malaysia general election on the Malaysia financial market specifically the stock market. Results from the statistical analysis reveal that there are significant changes in the Malaysia stock market performance after the 14th general election.
Highlights
Over the years, researchers and practitioners have examined whether the political process and the stock market are interrelated
The 13th general elections (GE) had given signal that the opposition party were eying to winning the election as they able to make the election result very tight by won about 53 percent of the vote
Many studies such as (Abidin et al, 2010; Colón-De-Armas et al, 2017; Liew & Rowland, 2016; Wisniewski, 2016) hypothesize that political event election having a significant effect on the stock market performance
Summary
Researchers and practitioners have examined whether the political process and the stock market are interrelated. This research aims to examine what is the impact of one of the major political events which is general elections on Malaysian stock market. After closely examine the performance of stock market after 12th and 13th general elections (GE), the researchers found that, there is an opposite direction in the movement of stock market after 12th GE and 13th GE. This situation poses an attention to the current studies to further investigate the impact of the latest 14th GE as the most recent GE 14th result is shocking the political climate in Malaysia
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
