Jurnal Ekonomi Malaysia最新文献_第8页

Islamic Economics: Is It A Doctrine or A Science? 伊斯兰经济学:是教义还是科学?

Jurnal Ekonomi Malaysia Pub Date : 2021-01-01 DOI: 10.17576/jem-2021-5502-11

引用次数: 3

Effectiveness of Moving Average Rules During COVID-19 Pandemic: Evidence from Malaysian Stock Market 移动平均线规则在COVID-19大流行期间的有效性:来自马来西亚股市的证据

Jurnal Ekonomi Malaysia Pub Date : 2021-01-01 DOI: 10.17576/jem-2021-5501-6

K. Lee Yong Ming, M. Jais

{"title":"Effectiveness of Moving Average Rules During COVID-19 Pandemic: Evidence from Malaysian Stock Market","authors":"K. Lee Yong Ming, M. Jais","doi":"10.17576/jem-2021-5501-6","DOIUrl":"https://doi.org/10.17576/jem-2021-5501-6","url":null,"abstract":"The COVID-19 outbreak significantly impacted the Malaysian stock market. To some extent, the Movement Control Order (MCO) implemented in the country affected the financial performance of listed companies. In consequence investors were quite uncertain of future movements of the stock market. Effective analysis techniques are thus required to study the market movements. Investors shall rely on signals emitted by technical indicators for their investment decisions making. The aim of this study is to examine the performance of the MA rules in Malaysian stock market during the different stages of the MCO. The sample used comprised 30 largest market capitalization stocks listed in the stock market. The period of study spanned 2 January 2020 to 30 August 2020. More than 50% of the buy signals emitted by (5,60,0.01) were found linked with positive returns in the next trading day during the MCO and CMCO sub-period respectively. Conversely, 41.28% and 34.78% of the sell signals emitted by (5,50,0.01) during the respective MCO and CMCO sub-period were linked with negative returns. Among all the MA rules, (5,60,0.01) generated the highest average return of 0.88% during the MCO and CMCO sub-period. Importantly, MA rules, (5,60,0.01) also generated positive returns during the out-of-sample period. The findings of this study shall contribute to the existing literature related to technical analysis. Besides that, the findings will benefit investors the most, inducing them to generate returns or avoid losses during the critical COVID-19 pandemic period. Investors are recommended to take the signals emitted by MA rules as alternative reference for their investments. Lastly, the relevant organizations should conduct more seminars to inform and enhance analytical skill of their clients, particularly retail investors. © 2021 Penerbit Universiti Kebangsaan Malaysia. All rights reserved.","PeriodicalId":35929,"journal":{"name":"Jurnal Ekonomi Malaysia","volume":"46 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76849784","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Pandemic Attack and Islamic Stocks Index: A Cross Country Analysis 流行病袭击与伊斯兰股票指数:一个跨国分析

Jurnal Ekonomi Malaysia Pub Date : 2021-01-01 DOI: 10.17576/jem-2021-5501-2

Faizul Mubarok, Mohammad Arif

引用次数: 5

High-Technology Trade: Does it Enhance National Competitiveness? 高技术贸易:提高国家竞争力吗?

Jurnal Ekonomi Malaysia Pub Date : 2021-01-01 DOI: 10.17576/jem-2021-5503-03

Zera Zuryana, Normaz Wana, Saifuzzaman Ibrahim, Hanny Zurina, Hamzah Universiti, Putra Malaysia

引用次数: 1

Contributions of Professor M. Kabir Hassan to the Islamic Finance Literature: A Bibliometric Study M. Kabir Hassan教授对伊斯兰金融文献的贡献:文献计量学研究

Jurnal Ekonomi Malaysia Pub Date : 2021-01-01 DOI: 10.17576/jem-2021-5503-04

M. Mukit, Aishath Muneeza, A. Paltrinieri

{"title":"Contributions of Professor M. Kabir Hassan to the Islamic Finance Literature: A Bibliometric Study","authors":"M. Mukit, Aishath Muneeza, A. Paltrinieri","doi":"10.17576/jem-2021-5503-04","DOIUrl":"https://doi.org/10.17576/jem-2021-5503-04","url":null,"abstract":"This study presents Professor M. Kabir Hassan’s productivity, citations, collaborations with fellow researchers, publications, and content analysis with future research direction in conjunction with his 30 th academic anniversary which is marked in 2021. The bibliometric and thematic analysis of the scientific legacy of Professor M. Kabir Hassan was conducted based on his publications from 1991 to 2021. During his long career, he has published 346 journal articles with 23,059 citations and collaborated with 292 authors globally. The findings of conceptual and empirical research papers published by Professor M. Kabir Hassan are crucial for the theoretical developments of Islamic finance, as well as its practical developments as a distinctive discipline. We have derived several research areas for future research based on the research works published by Professor M. Kabir Hassan, as follows: i) the issue of Islamic common market that needs to be examined further in the light of new data and changing global perspectives; ii) a study on the issues faced by Islamic banks in adopting Basel III and capital adequacy framework for Islamic banks; iii) new models for takaful need to be explored; iv) the cost of faith-based investing needs to be studied in the recent times, especially to understand the impact of the pandemic on it; v) a study to understand the perception of the government of Bangladesh, and international and multilateral organisations on the role of zakat to alleviate poverty; vi) the level of technology adoption by Islamic banks can be studied; and vii) the successful implementation of equity-based Islamic finance contracts could be empirically studied.. It is anticipated that this research will motivate young and emerging scholars, as well as existing scholars, to excel in their arenas by producing quality research and publications in a consistent manner.","PeriodicalId":35929,"journal":{"name":"Jurnal Ekonomi Malaysia","volume":"133 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79381967","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

The Role of Microcredit Program and Micro Enterprises in Poverty Reduction 小额信贷项目与微型企业在减贫中的作用

Jurnal Ekonomi Malaysia Pub Date : 2021-01-01 DOI: 10.17576/jem-2021-5502-3

引用次数: 0

The Impact of News Sentiment on the Stock Market Fluctuation: The Case of Selected Energy Sector 新闻情绪对股市波动的影响:以能源板块为例

Jurnal Ekonomi Malaysia Pub Date : 2021-01-01 DOI: 10.17576/jem-2021-5503-01

引用次数: 2

The Effect of Asymmetrical Relationship of Oil Price Shocks on Gross Domestic Product 油价冲击的不对称关系对国内生产总值的影响

Jurnal Ekonomi Malaysia Pub Date : 2021-01-01 DOI: 10.17576/jem-2021-5502-10

引用次数: 0

Performance Analysis of GARCH Family Models in Three Time-frames GARCH族模型在三个时间框架下的性能分析

Jurnal Ekonomi Malaysia Pub Date : 2021-01-01 DOI: 10.17576/jem-2021-5502-2