The COVID-19 pandemic has turned into a social threat to both corporation financial growth and Malaysia’s economic growth. The World Health Organization (WHO) declared COVID-19 as a global pandemic on March 11, 2020 that affecting many countries. COVID-19 had a significant effect on the majority of corporation and small businesses, as temporary closures of businesses implemented during the lockdown period. FTSE Bursa Malaysia KLCI (FBM KLCI) has been declining since January 2020 due to this pandemic. The goal of this study is to identify if there is a significant negative impact towards the FBM KLCI after the emergence of COVID-19 by using the paired sample t-test. There were total of 120 days before and after the emergence of COVID-19 used as data for the goal of this study. The data for the FBM KLCI were obtained from Finance.Yahoo.com (Yahoo! Finance website) and data that related to COVID-19 were collected from Worldometers.com and Kaggle.com. From this study, the findings suggested that there is a significant negative impact on the FBM KLCI after the emergence of COVID-19. It is recommended for future research to examine the factors related to COVID-19 pandemics towards the FBM KLCI.
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In-Text Citation: (Amir et al., 2022)
To Cite this Article: Amir, U. A. M., Masdi, N. I., Saad, N. M., Yusof, N. M., & Azmi, S. S. (2022). The Volatility of FTSE Bursa Malaysia KLCI During the Covid-19 Pandemic. International Journal of Academic Research in Business and Social Sciences, 12(4), 329–335.
Copyright: © 2022 The Author(s)
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