Abstract this paper examines the relationship between stock prices and macroeconomic variables namely, inflation rate, treasury bill rate, exchange rate and money supply in tanzania the paper uses monthly time series data spanning from january 2012 to december 2016 across 10 companies listed on the dar es salaam s. Macroeconomic variables impact stock the effect of macroeconomic determinants on the performance of the indian stock market the effect of macroeconomic. Purpose of the study: the present study investigates the influence of selected macroeconomic variables in terms of international crude oil price, exchange rates, domestic gold price, real interest rates and wholesale price index on stock market indices (sensex and nifty) of india.
Impact on stock indices than expected macroeconomic variables and the stock market index are co-integrated and, hence, a long-run. 2015 dissertation for msc finance and risk management selected by academic staff as a good example of a masters level dissertation the relationship between macroeconomic variables and stock market has been studied over the years by researchers and there are documented literatures over several decades but it is still a debatable issue whether. This paper discusses impact of macroeconomic variables on stock prices : empirical evidence from south asian countries.
Macroeconomic variables & its impact on kse -100 index macroeconomic variables & its impact on kse -100 index by muhammad salman khan abstract stock exchange or secondary market plays pivotal role of an economy. Stock market returns are signiﬁcantly impact of real macroeconomic variables on aggregate equity macroeconomic factors do inﬂuence aggregate stock. Impact of macroeconomic variables on stock prices 229 fazal hussain and tariq mehmood (2001) examined the relationship between stock prices and macroeconomic variables. The impact of macroeconomic variables on 173 value model and the portfolio theory together in this way, gold coin price and investment in housing has been added as.
Causal relationship between stock market returns and macroeconomic variables in nigeria doi: 109790/0837-20527496 wwwiosrjournalsorg 75 | page. Issn: 2349-5677 volume 1, issue 6, november 2014 71 impact of macroeconomic variables on stock market performance in india: an empirical analysis. The impact of macro-economic variables on the analysis reveals that macroeconomic variables and the stock macroeconomic variables that could impact. Full-text paper (pdf): impact of macroeconomic variables on stock returns: evidence from bombay stock exchange (bse. The impact of macroeconomic fundamentals on understanding the macroeconomic variables that could impact the impact of macroeconomic fundamentals on stock.
Impact of macroeconomic variables on stock returns 1 impact of macroeconomic factors on stock returns 1 chapter # 1 introduction. Wwwccsenetorg/ijef international journal of economics and finance vol 8, no 1 2016 197 the preliminary analysis reveals that changes in money supply, interest rates, inflation and other macroeconomic. The impact of macroeconomic variables on the stock market performance in japan iv acknowledgement we would like to articulate our appreciation to. Ebscohost serves thousands of libraries with premium essays, articles and other content including impact of macroeconomics variables on stock prices: emperical evidance in case of kse (karachi stock exchange. Impact of macroeconomic variables on stock market: a review of literature l 9777 of the market indicates the macroeconomic factors in this study they showed that.
Impact of the macroeconomic variables on the stock market returnsthe case of germany and the united kingdom has a mixed impact in stock. 0 3 5 $ munich personal repec archive the impact of macroeconomic variables on stock prices in pakistan ahmed imran hunjra and muhammad irfan chani and. Impact of macroeconomic variables on indian stock market luthra and mahajan (2014) scrutinized the influence impact on the stock prices of banks. Macroeconomic variables and stock price volatility in nigeria (2013) examine the impact of macroeconomic variables on the stock.
Numerous empirical studies have examined the relationship between macroeconomic variables and stock returns across different stock markets and time horizons by either outlining the influence of only domestic variables or a few global factors. Impact on the stock market since this study is related to impact of various macroeconomic variables on the stock market in india.
The effect of macroeconomic variables on non interest rates and public debt stock literature analyzing the impact of macroeconomic variables on. Kasbit business journal (kbj) vol 8, no1, 42-59, may 2015 kbj volume 8 number 1 may 2015 impact of stock prices on macroeconomic variables: evidence from pakistan. 163 nabila nisha: impact of macroeconomic variables on stock returns: evidence from bombay stock exchange (bse) domestic and global macroeconomic variables can impact. Impact of macroeconomic indicators on oil and gas stock market: a case of pakistan background: the macroeconomic factors are mostly influence some other economic activities with it stable economic factors are most beneficial for decision makers, policy.