Episode 183

full
Published on:

24th Jun 2026

The Effect of Covid-19 Pandemic on Large-cap Stocks in Malaysia

Covid-19 that emerged in Wuhan, China and spread to Malaysia starting from 25th January 2020 has changed people’s lives and impacted the world’s economy, including the stock markets. The study investigates the impact of the Covid-19 pandemic on the stock returns in Malaysia by using a sample of thirty (30) constituents of FBM KLCI. The study utilises Malaysia’s daily Covid-19 new cases, death cases, cumulative cases, and cumulative death cases, as well as Singapore new cases and death cases. The impact is observed from 31st December 2019 until 9th June 2020 using the panel regression model. The results show a significant positive but small impact of Covid-19 variables on the stocks’ returns except for Singapore daily cases and death cases, which were negative. The study also identifies that the Malaysian stock market is more sensitive to Covid-19 local death cases during the pandemic.

Show artwork for BIAR BUKU BICARA

About the Podcast

BIAR BUKU BICARA
USIM Journals are offering podcasting services for articles published in USIM journals. We will convert your article into 7-10 minute audiobook covering scientific research in a layman friendly language.

Let’s create a podcast for your research article and turn your findings into an engaging and accessible overview that’s perfect for sharing on websites and social media – extending the reach and visibility of your research.