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...
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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 |
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Universiti Teknologi MARA |
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UiTM Institutional Repository |
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English |
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Ismail, Norashikin |
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Communicable diseases and public health Technological change Communicable diseases and public health |
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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 |
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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 |