BEHAVIOUR OF STOCK MARKET DURING THE COVID-19 PANDEMIC: THE MALAYSIAN EXPERIENCE
DOI:
https://doi.org/10.51594/farj.v3i4.276Abstract
The COVID-19 outbreak was triggered in Wuhan, China in December 2019. The World Health Organization (WHO) has declared a public health emergency in January 2020. The literature shows that the COVID-19 pandemic slowed the Malaysian economy. According to the World Bank, Malaysia GDP is USD336.7 bill in 2020, USD 364.7 bill in 2019, a USD28bill reduction or 7.67%. The Malaysian government is trying to address this scenario, it is important to establish and apply expansionary fiscal measures.
The dread of the virus's danger has caused people to cease living, working, socializing, doing business, and the other normal activities. Economic consequences are very unclear, making it difficult to take adequate steps to reverse the downward economic trend. The present research analyses the potential economic impact of the COVID-19 pandemic on the Malaysian economy using a systematic review approach. Also, econometric study to determine the degree of integration between the FBMKLI and the COVID-19 daily infected cases. The findings show the relationship between COVID-19 infected cases and the performance of the FBMKLI.
Keywords: COVID-19, FBMKLI, Correlation, Malaysia, Systematic Review, Granger causality.
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Copyright (c) 2021 Noor Sahlawaty bt Ghazali, Maran Marimuthu
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