The impacts of COVID-19 lockdown on technology sector in Malaysian stock market / Nur Amira Najwa Riduan

This paper study on the examination whether there is any significant difference and impact of MCO lockdown announcement due to COVID-19 to technology sector in Bursa Malaysia. The three main concerns to be focused in this study is the abnormal return, cumulative abnormal return and average cumulativ...

Full description

Saved in:
Bibliographic Details
Main Author: Riduan, Nur Amira Najwa
Format: Thesis
Language:English
Published: 2021
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/106355/1/106355.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
id my-uitm-ir.106355
record_format uketd_dc
spelling my-uitm-ir.1063552024-12-15T03:17:33Z The impacts of COVID-19 lockdown on technology sector in Malaysian stock market / Nur Amira Najwa Riduan 2021 Riduan, Nur Amira Najwa Communicable diseases and public health Technological change Information technology. Information systems This paper study on the examination whether there is any significant difference and impact of MCO lockdown announcement due to COVID-19 to technology sector in Bursa Malaysia. The three main concerns to be focused in this study is the abnormal return, cumulative abnormal return and average cumulative abnormal return by using the daily stock return as its independent variables. This study used event study method to analyse the differences between each independent variables to the dependent variables which is daily stock return of each technology companies. A total of 79 companies were taken as sample of this research with a period of data from 5 February 2020 to 29 April 2020 which is 30 days before and after the MCO announcement. The contribution of the study is for the interest of the investor that will help them to analyse the current conditions of technology sector due to COVID-19 MCO lockdown in order for investment purposes. In addition, analysts will be benefited from this study by collecting data needed in a more systematic way. It also helps them to predict the future performance of technology sector and preparations needed to face unexpected event in the future. Findings of this study states that most technology companies in Ace Market are affected by the MCO announcement due to its company size which is small technology companies and cannot survive because of this pandemic. 2021 Thesis https://ir.uitm.edu.my/id/eprint/106355/ https://ir.uitm.edu.my/id/eprint/106355/1/106355.pdf text en public degree Universiti Teknologi MARA, Johor Faculty of Business and Management Ismail, Norashikin
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Ismail, Norashikin
topic Communicable diseases and public health
Technological change
Communicable diseases and public health
spellingShingle Communicable diseases and public health
Technological change
Communicable diseases and public health
Riduan, Nur Amira Najwa
The impacts of COVID-19 lockdown on technology sector in Malaysian stock market / Nur Amira Najwa Riduan
description This paper study on the examination whether there is any significant difference and impact of MCO lockdown announcement due to COVID-19 to technology sector in Bursa Malaysia. The three main concerns to be focused in this study is the abnormal return, cumulative abnormal return and average cumulative abnormal return by using the daily stock return as its independent variables. This study used event study method to analyse the differences between each independent variables to the dependent variables which is daily stock return of each technology companies. A total of 79 companies were taken as sample of this research with a period of data from 5 February 2020 to 29 April 2020 which is 30 days before and after the MCO announcement. The contribution of the study is for the interest of the investor that will help them to analyse the current conditions of technology sector due to COVID-19 MCO lockdown in order for investment purposes. In addition, analysts will be benefited from this study by collecting data needed in a more systematic way. It also helps them to predict the future performance of technology sector and preparations needed to face unexpected event in the future. Findings of this study states that most technology companies in Ace Market are affected by the MCO announcement due to its company size which is small technology companies and cannot survive because of this pandemic.
format Thesis
qualification_level Bachelor degree
author Riduan, Nur Amira Najwa
author_facet Riduan, Nur Amira Najwa
author_sort Riduan, Nur Amira Najwa
title The impacts of COVID-19 lockdown on technology sector in Malaysian stock market / Nur Amira Najwa Riduan
title_short The impacts of COVID-19 lockdown on technology sector in Malaysian stock market / Nur Amira Najwa Riduan
title_full The impacts of COVID-19 lockdown on technology sector in Malaysian stock market / Nur Amira Najwa Riduan
title_fullStr The impacts of COVID-19 lockdown on technology sector in Malaysian stock market / Nur Amira Najwa Riduan
title_full_unstemmed The impacts of COVID-19 lockdown on technology sector in Malaysian stock market / Nur Amira Najwa Riduan
title_sort impacts of covid-19 lockdown on technology sector in malaysian stock market / nur amira najwa riduan
granting_institution Universiti Teknologi MARA, Johor
granting_department Faculty of Business and Management
publishDate 2021
url https://ir.uitm.edu.my/id/eprint/106355/1/106355.pdf
_version_ 1818588178242600960