Effect of oil prices to the emerging stock market in East Asia and Pacific countries (Malaysia, Indonesia, Philippine and Korea) / Nur Fadilah Ibrahim

This study tries to investigate the effect of oil prices to the emerging stock market in East Asia and Pacific countries. The weekly data of oil and stock markets price index of Malaysia, Indonesia, Philippine and Korea for five years running from 7th January 2005 until 25th December 2009 are collec...

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Main Author: Ibrahim, Nur Fadilah
Format: Student Project
Language:English
Published: 2010
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/32655/
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author Ibrahim, Nur Fadilah
author_facet Ibrahim, Nur Fadilah
author_sort Ibrahim, Nur Fadilah
building UiTM Institutional Repository
collection Online Access
description This study tries to investigate the effect of oil prices to the emerging stock market in East Asia and Pacific countries. The weekly data of oil and stock markets price index of Malaysia, Indonesia, Philippine and Korea for five years running from 7th January 2005 until 25th December 2009 are collected and an Autoregression Model are used in this investigation. The results from models reveal that there is a significant effect of oil price to the emerging stock market. However, the relationships are differing from country to country. Malaysian and Korean stock market are positively affected while Indonesian and Philippine stock market react negatively to oil price fluctuations. The results in this paper are useful for market participants, investors, professional portfolio managers, government agencies and financial literature who are concerned with effect of oil price in emerging stock markets.
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format Student Project
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institution Universiti Teknologi MARA
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language English
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publishDate 2010
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spelling uitm-326552020-11-19T05:13:04Z https://ir.uitm.edu.my/id/eprint/32655/ Effect of oil prices to the emerging stock market in East Asia and Pacific countries (Malaysia, Indonesia, Philippine and Korea) / Nur Fadilah Ibrahim Ibrahim, Nur Fadilah Macroeconomics Stock price indexes. Stock quotations This study tries to investigate the effect of oil prices to the emerging stock market in East Asia and Pacific countries. The weekly data of oil and stock markets price index of Malaysia, Indonesia, Philippine and Korea for five years running from 7th January 2005 until 25th December 2009 are collected and an Autoregression Model are used in this investigation. The results from models reveal that there is a significant effect of oil price to the emerging stock market. However, the relationships are differing from country to country. Malaysian and Korean stock market are positively affected while Indonesian and Philippine stock market react negatively to oil price fluctuations. The results in this paper are useful for market participants, investors, professional portfolio managers, government agencies and financial literature who are concerned with effect of oil price in emerging stock markets. 2010 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/32655/1/32655.pdf Ibrahim, Nur Fadilah (2010) Effect of oil prices to the emerging stock market in East Asia and Pacific countries (Malaysia, Indonesia, Philippine and Korea) / Nur Fadilah Ibrahim. (2010) [Student Project] <http://terminalib.uitm.edu.my/32655.pdf> (Unpublished)
spellingShingle Macroeconomics
Stock price indexes. Stock quotations
Ibrahim, Nur Fadilah
Effect of oil prices to the emerging stock market in East Asia and Pacific countries (Malaysia, Indonesia, Philippine and Korea) / Nur Fadilah Ibrahim
title Effect of oil prices to the emerging stock market in East Asia and Pacific countries (Malaysia, Indonesia, Philippine and Korea) / Nur Fadilah Ibrahim
title_full Effect of oil prices to the emerging stock market in East Asia and Pacific countries (Malaysia, Indonesia, Philippine and Korea) / Nur Fadilah Ibrahim
title_fullStr Effect of oil prices to the emerging stock market in East Asia and Pacific countries (Malaysia, Indonesia, Philippine and Korea) / Nur Fadilah Ibrahim
title_full_unstemmed Effect of oil prices to the emerging stock market in East Asia and Pacific countries (Malaysia, Indonesia, Philippine and Korea) / Nur Fadilah Ibrahim
title_short Effect of oil prices to the emerging stock market in East Asia and Pacific countries (Malaysia, Indonesia, Philippine and Korea) / Nur Fadilah Ibrahim
title_sort effect of oil prices to the emerging stock market in east asia and pacific countries (malaysia, indonesia, philippine and korea) / nur fadilah ibrahim
topic Macroeconomics
Stock price indexes. Stock quotations
url https://ir.uitm.edu.my/id/eprint/32655/