IDEAS home Printed from https://ideas.repec.org/a/rnd/arimbr/v16y2024i3p1061-1071.html
   My bibliography  Save this article

An Exploratory Study on the Effect of Macroeconomic Indicators on the Stock Market Performance among 6-ASEAN Countries

Author

Listed:
  • Zahirah Hamid Ghul
  • Zetty Zahureen Yusoff
  • Norhasimah Shaharuddin
  • Nurul Haziqah Shamsudin
  • Nik Rozila Nik Mohd Masdek

Abstract

The stock market's performance has been impacted by the global economy's recovery from the COVID-19 pandemic. This study investigates the impact of various factors on stock market performance, with a focus on the global economic recovery from the COVID-19 pandemic. The stock market has experienced positive growth, driven by low interest rates, ample liquidity, and sustained investor optimism, despite concerns over rising inflation and interest rates. This research aims to analyze stock market performance across six ASEAN countries, using a range of data sources, including historical stock prices, financial reports, and macroeconomic indicators. The findings reveal that the real exchange rate exerts the most significant influence on stock market performance. The insights from this study provide valuable information for investors, policymakers, and government bodies, aiding in strategic decision-making and investment planning in these markets.

Suggested Citation

  • Zahirah Hamid Ghul & Zetty Zahureen Yusoff & Norhasimah Shaharuddin & Nurul Haziqah Shamsudin & Nik Rozila Nik Mohd Masdek, 2024. "An Exploratory Study on the Effect of Macroeconomic Indicators on the Stock Market Performance among 6-ASEAN Countries," Information Management and Business Review, AMH International, vol. 16(3), pages 1061-1071.
  • Handle: RePEc:rnd:arimbr:v:16:y:2024:i:3:p:1061-1071
    DOI: 10.22610/imbr.v16i3S(I)a.4196
    as

    Download full text from publisher

    File URL: https://ojs.amhinternational.com/index.php/imbr/article/view/4196/2797
    Download Restriction: no

    File URL: https://ojs.amhinternational.com/index.php/imbr/article/view/4196
    Download Restriction: no

    File URL: https://libkey.io/10.22610/imbr.v16i3S(I)a.4196?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnd:arimbr:v:16:y:2024:i:3:p:1061-1071. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Muhammad Tayyab (email available below). General contact details of provider: https://ojs.amhinternational.com/index.php/imbr .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.