Budget: impact to KLSE finance counter / Ahmadzaki Ahmad Sanusi

The main objective of this study is to analyse the impact of the Budget Announcement to the Price, Volume and Index of KLSE Finance Counter. The sample data of Price, Volume and Index were collected thirty days before and thirty days after the Budget Announcement for the period of seven years (1991-...

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Bibliographic Details
Main Author: Ahmad Sanusi, Ahmadzaki
Format: Thesis
Language:English
Published: 1997
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/93812/1/93812.pdf
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Summary:The main objective of this study is to analyse the impact of the Budget Announcement to the Price, Volume and Index of KLSE Finance Counter. The sample data of Price, Volume and Index were collected thirty days before and thirty days after the Budget Announcement for the period of seven years (1991-1997). Some previous studies review which are considered as close related to this study also include to guide the researcher in conducting this research. A Simple Linear Regression Analysis is used to obtain the findings of this study. To conduct the analysis, SPSS had been used under Stepwise Method. There are sixteen findings come out from the analysis. From the analysis carried out, it can be concluded that only Price and Index have significant correlation to the Budget Announcement (ie EPF Cntribution, Corporate Tax and Personnel Income Tax). Whereas, Volume does not correlate to the Budget Announcement Therefore, in the future, participants of KLSE Market can expect a changes in Price and Index when Budget Announcement touch on EPF Contribution, Corporate Tax and Personnel Income Tax. The price trend analysis also give a same result as Regression Analysis.