Stock Market Development on Economic Growth of South Asian and Malaysian Economies: A Comparative Analysis

Muhammad Gias Uddin; Mohin Uddin; Sanjida Sultana Emu

doi:10.46281/asfbr.v4i1.590

Muhammad Gias Uddin PhD Student, Department of Accounting & Management, Universiti Tunku Abdul Rahman (UTAR), Malaysia https://orcid.org/0000-0002-5262-5139
Mohin Uddin PhD Student, Department of Accounting & Management, Universiti Tunku Abdul Rahman (UTAR), Malaysia https://orcid.org/0000-0002-5490-8386
Sanjida Sultana Emu BBA (Finance & Banking), International Islamic University Chittagong, Bangladesh

DOI: https://doi.org/10.46281/asfbr.v4i1.590

Keywords: Stock Index, Economic Development, South Asian Market, Malaysia.

Abstract

This analyzes concerning empirically appraise the effects and effect of stock market growth on the economic increase in two areas, in particular, South Asia and Malaysia. The researcher used market capitalization, total fee traded ratio, and turnover ratio as signs on inventory market improvement whilst GDP through a capital increase worth is back because of standardized monetary improvement. The linear dashboard facts methodology is utilized over the yearly facts about 1996-2018 according to locate out concerning the phenomenon. The effect is then compared at some stage in the countries concerning both regions. The experimental findings point out that inventory need enhancement contributes after half extent between the financial expand on the South Asian region but its impact concerning Malaysian neighborhood discovered in imitation which is very much significant.

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