The impact of ASEAN stock market on the Philippine stock market

Date of Publication

2017

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Management of Financial Institutions

Subject Categories

Finance and Financial Management

College

Ramon V. Del Rosario College of Business

Department/Unit

Financial Management

Defense Panel Member

Marycris Albao

Flueellen Bautista

Robert Dan Roces

Abstract/Summary

The stock market plays a crucial role in every nation's economy. Globally, stock markets have been experiencing a hike in activities and increasingly gaining importance. As a response to global integration, the changes in the local stock market might be influenced by the fluctuations in other markets. Therefore, the study is conducted to evaluate the relationship between the Phlippine stock market and other stock markets within the same region. The countries to be mentioned in the paper belong to the Association of Southeast Asian Nations (ASEAN). Aside from the Philippine Stock Exchange (PSE), the paper covers Stock Exchange of Thailand (SET), Singapore Exchange (SGX), Kuala Lumpur Stock Exchange (FBM KLCI) and Indonesia Stock Exchange (IDX). To address the question of the paper, the researchers used vector auto-agression, the granger causality test, and augmented Dickey Fuller test. When comparing the empirical results obtained using these standard techniques and modified methodology, substantially different results were out. It implies that only the changes in Singapore Exchange (SGX) have significant effect on Philippine Stock Exchange (PSE)

Abstract Format

html

Language

English

Format

Print

Accession Number

TU21860

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

86, 4 leaves : illustrations (some color) ; 28 cm.

Keywords

Stock exchanges--Southeast Asia

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