Abstract
The purpose of this research is to examine the influence of Covid-19 outbreak on Malaysian stock market using daily data over the period from 1st march 2020 to 29th June 2022. This study uses correlation analysis and multiple regression models to evaluate the influence of related dependent and independent variables from the specific period. The results confirm that new daily cases, new death and Brent oil price have negative relationship with KLCI. Other than that, daily new cases of Covid-19 is positively influence KLCI, while the other two determinants shown an inverse influence on KLCI. These findings could serve as helpful guidelines for the administration of policies meant to lessen the adverse consequences of the healthcare crisis.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: International Journal of Advanced Research in Economics and Finance
Disclaimer: 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.