This study is undertaken to identify the determinants of stock market return and their movement towards Islamic and conventional stock market in Bursa Malaysia. The data from the period of January 2007 to December 2018 is employed to this study this study is from January 2007 until December 2018 and the stocks data is based on Kuala Lumpur Composite Index (KLCI). Furthermore, the dependent variables of this study are 100 leading companies (FMB100) for conventional stock market whereas Hijrah Shariah Index is being referred for the Islamic one. Further, its independent variables are money supply, gross domestic product, interest rate, exchange rate and industrial production index. To run those obtained data, the researchers have employed Descriptive Statistic, Pearson Correlation, Regression Model, Correlation Coefficient and Multicollinearity test (Variance Inflation Factor) and it is found that both interest rate and exchange rate are statistically significant in determining the Islamic or the conventional stock market price movement. Meanwhile, money supply and gross domestic product (GDP) are found to have significant relationship only with Islamic stock market. Thus, industrial production index gives significant impact just towards the conventional market. After all, the study is employing all macroeconomics factors and stock market in one model to infer the difference influences against two stock market's condition. Purpose: To investigate the macroeconomic determinants affecting the conventional and Islamic stock market performance in Malaysia by manipulating descriptive statistics, Pearson Correlation and Regression Model thru E-View 10 software. Design/methodology/approach: The analysis is carried out by using EViews 10 to run and analyze the data in measuring the stock market return movement of both conventional and Islamic stocks. Hence, the results obtained were used to clarify any significant relationship existed between the independent variables and the dependent variable. In addition, the data reading too, consists of descriptive statistics, Pearson Correlation and Regression model as well. Findings: Interest rate, exchange rate, and industrial production are considered to be the best models that act as macroeconomic determinants in affecting the conventional stock market movement (FBM100) whereas both exchange and interest rates were found to have the most major impact towards HIJRAH stock market movement. In fact, money supply and gross domestic product also needs to be considered as the determinants that can affect the Islamic stock market movement as well. Research limitations/implications: The study is using time series data. Therefore, it involves some long period data such as KLCI and FBM Hijrah that cannot be obtained directly from Bursa Saham because it provides data for the previous six months only. This has led to difficulty in finding such data on other websites. Practical implications: Additional focus and awareness should be placed on Islamic market since the market is highly related to the economic condition of Malaysia. Besides, it is known to be shariah compliance and to have higher transparency compared to the conventional stocks. Originality/value: A contribution to the line of macroeconomic movements studies since this study is conducting several macroeconomics effects and other determinants namely narrow money supply (M1), broad money supply (M2), gross domestic products (GDP) interest rate (IR), exchange rate (MYR) and industrial production index (IPI) on Kuala Lumpur Composite Index (FTSE Bursa Malaysia KLCI) and Islamic Stock Market (FBM Shariah Hijrah) Keywords: Conventional stock market, Islamic stock market, money supply, gross domestic product, interest rate., Introduction Of late, many studies had been conducted relating to factors affecting macroeconomic development, in terms of money demand and supply movements, households, interest rates and exchange rates. Those studies [...]