An Empirical Investigation On The Effect Of Macro Economic Factors On Stock Market Performance In Nigeria.
ABSTRACT
The study empirically investigated the effect of macroeconomic factors on stock market performance using time series data from 1995 to 2017. The macroeconomic factors considered were real gross domestic product, money supply, exchange rate and interest rate, while stock market performance was measured by all share index. Multiple regression analysis was carried out on the data collected. The results showed that real gross domestic product and money supply were positive and significant in affecting stock market performance, while interest rate and exchange rate were insignificant. It was recommended among other things Government should ensure that the economy of Nigeria is well diversified by encouraging investments in other key economic sectors so as to boost stock market performance.
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OGBODO, E (2021). An Empirical Investigation On The Effect Of Macro Economic Factors On Stock Market Performance In Nigeria.. Repository.mouau.edu.ng: Retrieved Dec 23, 2024, from https://repository.mouau.edu.ng/work/view/an-empirical-investigation-on-the-effect-of-macro-economic-factors-on-stock-market-performance-in-nigeria-7-2
EMMANUEL, OGBODO. "An Empirical Investigation On The Effect Of Macro Economic Factors On Stock Market Performance In Nigeria." Repository.mouau.edu.ng. Repository.mouau.edu.ng, 25 Jun. 2021, https://repository.mouau.edu.ng/work/view/an-empirical-investigation-on-the-effect-of-macro-economic-factors-on-stock-market-performance-in-nigeria-7-2. Accessed 23 Dec. 2024.
EMMANUEL, OGBODO. "An Empirical Investigation On The Effect Of Macro Economic Factors On Stock Market Performance In Nigeria.". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 25 Jun. 2021. Web. 23 Dec. 2024. < https://repository.mouau.edu.ng/work/view/an-empirical-investigation-on-the-effect-of-macro-economic-factors-on-stock-market-performance-in-nigeria-7-2 >.
EMMANUEL, OGBODO. "An Empirical Investigation On The Effect Of Macro Economic Factors On Stock Market Performance In Nigeria." Repository.mouau.edu.ng (2021). Accessed 23 Dec. 2024. https://repository.mouau.edu.ng/work/view/an-empirical-investigation-on-the-effect-of-macro-economic-factors-on-stock-market-performance-in-nigeria-7-2