European Journal of Scientific look for ISSN 1450-216X Vol.38 No.1 (2009), pp.96-103 © EuroJournals Publishing, Inc. 2009 http://www.eurojournals.com/ejsr.htm stir of Macroeconomics Variables on telephone circuit Prices: Emperical Evidance in Case of Kse (Karachi Stock Exchange) Sulaiman D. Mohammad join professor, Federal Urdu University of Arts Science and Technology, Karachi. E-mail: Suliaman1959@gmail.com Adnan Hussain M.Phil Fellow, Applied political economy Research ticker University of Karachi. E-mail: adnanaerc@gmail.com M. Anwar Jalil M.Phil Fellow, Applied Economics Research Centre University of Karachi. E-mail: majalilonline@yahoo.com Adnan Ali M.Phil, Fellow, Applied Economics Research Centre University of Karachi. E-mail: adnanaliabbasi@hotmail.com Abstract The purpose behind this study is to explore the correlation among the macroeconomics variables and sh argon prices of KSE (Karachi Stock Exchange) in context of Pakistan. The study realize several quarterly data for different macroeconomics variables are as distant commute reserve, foreign exchange rate, industrial fruit index (IPI), whole sale price index (WPI), megascopic fixed crownwork formation (GFCF) and broad money M2. These variables are obtained from the period 1986-2008.
The result shows that after the reforms in 1991 the influence of foreign exchange rate and foreign exchange reserve significantly affect the stock prices, while other variables standardized IPI and GFCF are insignificantly affect stock prices. The result also highlighted the inseparable factors of firm like increase in production and capital formation insignificant while external factor like M2 and foreign exchange affect positively. The study will be very helpful for national policy makers, researchers and corporate managers. Keywords: Stock prices, Macroeconomics variables Introduction In modern economy the role of stock exchange is very important. It can be very helpful to exchange the domestic funds and channels into productive... If you want to get a full essay, order it on our website: Orderessay
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