DOIONLINE

DOIONLINE NO - IJMAS-IRAJ-DOIONLINE-14041

Publish In
International Journal of Management and Applied Science (IJMAS)-IJMAS
Journal Home
Volume Issue
Issue
Volume-4,Issue-10  ( Oct, 2018 )
Paper Title
Stock Market Reaction towards Quarter Results Announcement: Empirical Evidence from Malaysia
Author Name
Nik Nur Shafika Mustafa, Syamsyul Samsudin, Nor Haliza Hamzah
Affilition
University Technology Mara, Johor, Malaysia
Pages
88-92
Abstract
This research about stock market reaction towards quarter results announcement. The objective of the study is to investigate the effect of quarter results announcement on stock price movement. This paper used a panel data from the year 2012 to 2017 for growth and defensive industries. The data were analyzed using panel ordinary least square method (PLOS) techniques. As a result, the findings show that RE, NP, EPS, and NTA are significantly affect stock price for growth and defensive industries while that DIV is significant for growth industries and insignificantly for defensive industries. It is found that, quarter results announcement has mixed results on company share price in Malaysia market. Index Terms - KLCI Index, Stock Market, Stock Price, Quarter Result Announcement
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