The Impact on the European Market Indices Againts the Technology Stock Prices in Bursa Malaysia

Abstract

This study had targeted to explore the relationship between the European market indices against the stock prices within the technology sector in Bursa Malaysia. The previous study had provided the suggestion where the literature review had observe the potential significant of the impact from the foreign market indices in Europe to create positive relationship against the movement of the stock prices in other country. With this, the quantitative research method had been designed to study the analysis on the past data of 10 years from 2012 to 2021 to understand the potential significant exist in the correlation and relationship between the market indices of London Stock Exchange (LSE) from UK and DAX from Germany against the technology stock prices in Bursa Malaysia. The findings had observed that the LSE posed a significant positive relationship, but DAX had suggested otherwise. The lack of evidence on the findings had concluded that the European market indices do not provide relevance impact towards the stock price performance in technology sector in Bursa Malaysia.