Behaviour of the Malaysian Stock Market

• Main Author: Othman Yong
• Format: Book
• Language: English
• Published: Bangi Penerbit Universiti Kebangsaan Malaysia 1993; ©1993
• Subjects: Bursa Saham Kuala Lumpur; Stock exchange > Malaysia; Efficient market theory; Investments > Malaysia
• Online Access: Click Here to View Status and Holdings.

 Behaviour of the Malaysian Stock Market deals with the issue of the efficiency of an emerging stock market in the Asia-Pacific region, the Malaysian Stock Market. It is widely known that the more established markets in the West are efficient in the weak sense of the efficient market hypothesis, but not so with the case of the emerging markets. This book presents the actual research conducted on the Malaysian stock market, and provides answers to questions of market efficiency. Comparative studies are also carried out to determine just how much the efficiency of the Malaysian stock market differs from the more established stock markets. Implications of these studies are discussed, and suggestions are offered to further improve the efficiency of the Malaysian stock market. Both academicians and students at higher learning institutions will benefit from the publication of this book. In fact, serious researchers and stock market practitioners alike will find this book invaluable in their search for answers to the complex world of stock market behaviour. This book will undoubtedly add up to the scarce literature in Malaysia on the issue of stock market behaviour.