Minimal spanning tree for 100 companies in Bursa Malaysia

Bahaludin, Hafizah and Abdullah, Mimi Hafizah and Mat Salleh, Supian (2015) Minimal spanning tree for 100 companies in Bursa Malaysia. AIP Conference Proceedings, 1643. pp. 609-615. ISSN 0094-243X E-ISSN 1551-7616

PDF - Published Version Restricted to Repository staff only Download (666kB) | Request a copy

Abstract

This paper investigates the stock market network among the stocks traded in Bursa Malaysia by using minimal spanning tree (MST) techniques. The daily closing prices from 2011 until 2013 of 100 companies based on market capitalization are chosen to construct the network. By constructing the stock market network, the most influential stocks in Malaysian stock market are identified by employing the centrality measurements which are degree, betweenness and closeness. The findings of this study ascertain that from the 100 companies studied, four companies are identified as the most influential in the Malaysian stock market.

Item Type:	Article (Journal)
Additional Information:	4482/49443
Uncontrolled Keywords:	Stock market, minimal spanning tree
Subjects:	Q Science > QA Mathematics
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Science > Department of Computational and Theoretical Sciences Kulliyyah of Science
Depositing User:	Ms Mimi Hafizah Abdullah
Date Deposited:	04 Feb 2016 14:26
Last Modified:	07 Oct 2019 09:17
URI:	http://irep.iium.edu.my/id/eprint/49443

Actions (login required)

View Item