Impact of Trriorism Onpakistan

European Journal of Scientific Research ISSN 1450-216X Vol.38 No.1 (2009), pp.96-103 © EuroJournals Publishing, Inc. 2009 http://www.eurojournals.com/ejsr.htm Impact of Macro scotchs Variables on Stock Prices: Emperical Evidance in Case of KSE (Karachi Stock Exchange) Suliaman D. Mohammad Associate professor, Federal Urdu University of Arts, acquisition and Technology E-mail: suliaman1959@gmail.com Adnan Hussain Visiting Lecturer, Federal Urdu University of Arts, Science and Technology E-mail: adnanaerc@gmail.com Adnan Ali educatee of M.Phil, Applied Economics Research Centre, University of Karachi E-mail: adnanaliabbasi@hotmail.com Abstract The object this paper is to find the relationship between macroeconomic variables and prices of sh ars in Karachi commonplace exchange in Pakistan context. We considers the quarterly data of several economic variables such as foreign exchange rate, foreign exchange reserve, industrial production index, whole sale price index, gross doctor capital formation, and broad money M2 , these variables are obtain from 1986 to 2008 flowing . We extend to make link these macroeconomics variables to stock prices. Compared to earlier work we have use multiple regression analysis and compare the results.

The results shows that after the reforms in 1991 the influence of foreign exchange rate and reserve effects importantly to stock market whiles other variables handle IIP and GFCF are non effects significantly to stock prices. so our result shows that internal factors of firms like increase production and capital formation not effects significantly while external factors like exchange rate and reserve are effects significantly the stock prices. So the after post reforms period is positively effects stock prices. The study will be very help full for national policy makers, researchers and incarnate managers etc. I. Introduction The stock market is supposed to play an important economic consumption in the economy in the sense that it... If you want to pick out a full essay, order it on our website: Ordercustompaper.com

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