出版社:The International Institute for Science, Technology and Education (IISTE)
摘要:Stock markets are one of essential tools to attract foreign investments. In the field of business finance stock market plays very important role; it provides a platform for business organization & investors. Volatility in stock market is because of both national & international factors like money supply, inflation, recession, exchange rate, foreign investment, migration of people and denominated of foreign currency. This study investigates the effect of international factors; exchange rate & foreign investment, on stock market of Pakistan. Statistical analysis showed direct relationship between stock markets and international factors. Using data from previous 25 years (i.e. 1990-2015), it is found that stock market is more vulnerable to exchange rates as compared to foreign investments. Keywords: Exchange rate, foreign direct investment (FDI), Stock index prices JEL classification: F10, F21, F31
其他摘要:Stock markets are one of essential tools to attract foreign investments. In the field of business finance stock market plays very important role; it provides a platform for business organization & investors. Volatility in stock market is because of both national & international factors like money supply, inflation, recession, exchange rate, foreign investment, migration of people and denominated of foreign currency. This study investigates the effect of international factors; exchange rate & foreign investment, on stock market of Pakistan. Statistical analysis showed direct relationship between stock markets and international factors. Using data from previous 25 years (i.e. 1990-2015), it is found that stock market is more vulnerable to exchange rates as compared to foreign investments. Keywords : Exchange rate, foreign direct investment (FDI), Stock index prices JEL classification : F10, F21, F31
关键词:Exchange rate; foreign direct investment (FDI); Stock index prices JEL classification F10; F21; F31