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Trends And Calendar Effects In Malaysia’S Stock Market

Author

Listed:
  • 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)

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.

Suggested Citation

  • Ayman Abdalmajeed Ahmad Al-Smadi & Mahmoud Khalid Almsafir & Nur Hanis Hazwani Binti Husni, 2018. "Trends And Calendar Effects In Malaysia’S Stock Market," Romanian Economic Business Review, Romanian-American University, vol. 13(2), pages 15-22, June.
    • Handle: RePEc:rau:journl:v:13:y:2018:i:2:p:15-22
    as

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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/SU18/REBE-SU18-A2.pdf
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    References listed on IDEAS

    as
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