Analysis of stock market reaction in Malaysia during Covid-19 pandemic via ARIMA
Investment has become a major money-making business in this world through investment in financial markets, stock markets, and forex. There is uncertainty about which stocks to buy during a pandemic like Covid-19. Poor investment choices will affect the profitability of the investors, shifting their...
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| Format: | Article |
| Language: | English |
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Penerbit UMP
2023
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| Online Access: | http://umpir.ump.edu.my/id/eprint/37921/ http://umpir.ump.edu.my/id/eprint/37921/1/Analysis%20of%20Stock%20Market%20Reaction%20in%20Malaysia%20During%20Covid19.pdf |
| _version_ | 1848825380499095552 |
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| author | Nor Aziyatul Izni, Mohd Rosli Sarah ‘Atifah, Saruchi Nur Ilyana Ismarau, Tajuddin Puvarasan, Ulaganathan Gurpreet Singh, Awtar Singh Nurul Azhani, Yunus |
| author_facet | Nor Aziyatul Izni, Mohd Rosli Sarah ‘Atifah, Saruchi Nur Ilyana Ismarau, Tajuddin Puvarasan, Ulaganathan Gurpreet Singh, Awtar Singh Nurul Azhani, Yunus |
| author_sort | Nor Aziyatul Izni, Mohd Rosli |
| building | UMP Institutional Repository |
| collection | Online Access |
| description | Investment has become a major money-making business in this world through investment in financial markets, stock markets, and forex. There is uncertainty about which stocks to buy during a pandemic like Covid-19. Poor investment choices will affect the profitability of the investors, shifting their risk appetite to be more defensive. Thus, this research is carried out to study the movement of stocks for the year 2020 in Malaysia based on the data obtained from Yahoo Finance. The objective is to provide investors with a guide to investing efficiently during a pandemic. This study investigates how Covid-19 impacts the rate of growth or reduction of stocks so that the performance of the stocks can be forecasted in the future. The moving average method is used to analyze the trend of the stock by comparing the top gainers against the top losers during the periods of pre Covid-19 and Covid-19. The Autoregressive Integrated Moving Average (ARIMA) model studies the autocorrelation function (ACF) graph of selected stocks to further understand the movement of the stocks and compare it to the closing prices of the selected stocks. Based on the findings, it was demonstrated that the quantitative method used could be used to study the effects of a pandemic, as well as the severity of the losses incurred, and profits earned by the industries. The industries that are essential to the country, like pharmaceuticals and rubber manufacturing, are able to maintain their businesses. Moreover, these sectors have profited from the pandemic. The tourism and aviation industries have been hit the hardest by the pandemic, as evidenced by falling stock prices. Thus, it would be wise for investors to invest in an essential sector company during the Covid-19 pandemic. |
| first_indexed | 2025-11-15T03:28:00Z |
| format | Article |
| id | ump-37921 |
| institution | Universiti Malaysia Pahang |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T03:28:00Z |
| publishDate | 2023 |
| publisher | Penerbit UMP |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | ump-379212023-07-04T07:35:39Z http://umpir.ump.edu.my/id/eprint/37921/ Analysis of stock market reaction in Malaysia during Covid-19 pandemic via ARIMA Nor Aziyatul Izni, Mohd Rosli Sarah ‘Atifah, Saruchi Nur Ilyana Ismarau, Tajuddin Puvarasan, Ulaganathan Gurpreet Singh, Awtar Singh Nurul Azhani, Yunus HC Economic History and Conditions HE Transportation and Communications TL Motor vehicles. Aeronautics. Astronautics Investment has become a major money-making business in this world through investment in financial markets, stock markets, and forex. There is uncertainty about which stocks to buy during a pandemic like Covid-19. Poor investment choices will affect the profitability of the investors, shifting their risk appetite to be more defensive. Thus, this research is carried out to study the movement of stocks for the year 2020 in Malaysia based on the data obtained from Yahoo Finance. The objective is to provide investors with a guide to investing efficiently during a pandemic. This study investigates how Covid-19 impacts the rate of growth or reduction of stocks so that the performance of the stocks can be forecasted in the future. The moving average method is used to analyze the trend of the stock by comparing the top gainers against the top losers during the periods of pre Covid-19 and Covid-19. The Autoregressive Integrated Moving Average (ARIMA) model studies the autocorrelation function (ACF) graph of selected stocks to further understand the movement of the stocks and compare it to the closing prices of the selected stocks. Based on the findings, it was demonstrated that the quantitative method used could be used to study the effects of a pandemic, as well as the severity of the losses incurred, and profits earned by the industries. The industries that are essential to the country, like pharmaceuticals and rubber manufacturing, are able to maintain their businesses. Moreover, these sectors have profited from the pandemic. The tourism and aviation industries have been hit the hardest by the pandemic, as evidenced by falling stock prices. Thus, it would be wise for investors to invest in an essential sector company during the Covid-19 pandemic. Penerbit UMP 2023-03 Article PeerReviewed pdf en cc_by_nc_4 http://umpir.ump.edu.my/id/eprint/37921/1/Analysis%20of%20Stock%20Market%20Reaction%20in%20Malaysia%20During%20Covid19.pdf Nor Aziyatul Izni, Mohd Rosli and Sarah ‘Atifah, Saruchi and Nur Ilyana Ismarau, Tajuddin and Puvarasan, Ulaganathan and Gurpreet Singh, Awtar Singh and Nurul Azhani, Yunus (2023) Analysis of stock market reaction in Malaysia during Covid-19 pandemic via ARIMA. Mekatronika - Journal of Intelligent Manufacturing & Mechatronics, 5 (1). pp. 1-12. ISSN 2637-0883. (Published) https://doi.org/10.15282/mekatronika.v5i1.9027 https://doi.org/10.15282/mekatronika.v5i1.9027 |
| spellingShingle | HC Economic History and Conditions HE Transportation and Communications TL Motor vehicles. Aeronautics. Astronautics Nor Aziyatul Izni, Mohd Rosli Sarah ‘Atifah, Saruchi Nur Ilyana Ismarau, Tajuddin Puvarasan, Ulaganathan Gurpreet Singh, Awtar Singh Nurul Azhani, Yunus Analysis of stock market reaction in Malaysia during Covid-19 pandemic via ARIMA |
| title | Analysis of stock market reaction in Malaysia during Covid-19 pandemic via ARIMA |
| title_full | Analysis of stock market reaction in Malaysia during Covid-19 pandemic via ARIMA |
| title_fullStr | Analysis of stock market reaction in Malaysia during Covid-19 pandemic via ARIMA |
| title_full_unstemmed | Analysis of stock market reaction in Malaysia during Covid-19 pandemic via ARIMA |
| title_short | Analysis of stock market reaction in Malaysia during Covid-19 pandemic via ARIMA |
| title_sort | analysis of stock market reaction in malaysia during covid-19 pandemic via arima |
| topic | HC Economic History and Conditions HE Transportation and Communications TL Motor vehicles. Aeronautics. Astronautics |
| url | http://umpir.ump.edu.my/id/eprint/37921/ http://umpir.ump.edu.my/id/eprint/37921/ http://umpir.ump.edu.my/id/eprint/37921/ http://umpir.ump.edu.my/id/eprint/37921/1/Analysis%20of%20Stock%20Market%20Reaction%20in%20Malaysia%20During%20Covid19.pdf |