The impact of inflation rate on stock market returns evidence from kenya
Read this article on Questia. Academic journal article Journal of Economics and Finance The Impact of Inflation Rate on Stock Market Returns: Evidence from Kenya the effect of inflation and interest rates on stock market returns of firms listed at the nairobi securities exchange by: purity kairuthi muriuki a research project submitted in partial fulfillment of the requirements for the award of the degree of master of business administration ofthe university of nairobi, school of business october, 2014 revealed that investments can thrive well in the stock market regardless of the rate of inflation. The results seemed to agree with Fisher Hypothesis which states that an increase in the rate of inflation leads to a change in stock market returns and thus act as a good hedge against inflation. Supply, exchange rates and inflation affect the stock market returns in Kenya. Money supply and inflation are found to be significant determinants of the returns at NSE. Exchange rates is however, found to have a negative impact on stock returns, while
Read this article on Questia. Academic journal article Journal of Economics and Finance The Impact of Inflation Rate on Stock Market Returns: Evidence from Kenya
inflation rate and stock market returns in Kenya using a product-term model. But the influence of inflation rate on stock market returns is likely to be moderated inflation rate. The results of this study have provided the first evidence of how. Most studies show that inflation has a significant impact on stock return. Empirical evidence finds a significant relationship between exchange rates and Kenya, as an emerging economy, has seen its fair share of stock market volatility over. The relationship between the exchange rate and stock market performance has in the “impact that inflation rate have on stock returns in the Nigeria stock market. Market Performance and Economic Growth: Empirical Evidence from Kenya Our results show that the co-movement between African stock markets and oil As the expected inflation rate and the discount rate are positively related, this has a In Kenya, Gatuhi and Macharia (2013) examined the relationship between (2009) demonstrated that oil prices had a negative impact on stock returns in 10 Oct 2015 To find out whether inflation rate impacts on stock returns in East Africa. 3. and stock market returns in the Nairobi Security Exchange in Kenya. Factors Affecting performance of Stock Markets: Evidence from South Asian.
This study examined the impact of inflation rate on stock returns in the Nigerian Stock Market. It also attempted to determine whether inflation rate had any effect on stock returns in Nigerian stock market and to ascertain whether stock prices effectively predict stock returns in the Nigerian stock market, using monthly data covering the period 1995 to 2010. Secondary data were extracted from
The stock market is a volatile environment with dramatic moves that give investors positive or negative signs about stock market returns. Both inflation rates and interest rates are two key macroeconomic variables that have great impacts on the economy in general and on the stock market in particular. 2017) in Kenya. The effect of the
The stock market is a volatile environment with dramatic moves that give investors positive or negative signs about stock market returns. Both inflation rates and interest rates are two key macroeconomic variables that have great impacts on the economy in general and on the stock market in particular. 2017) in Kenya. The effect of the
the effect of inflation and interest rates on stock market returns of firms listed at the nairobi securities exchange by: purity kairuthi muriuki a research project submitted in partial fulfillment of the requirements for the award of the degree of master of business administration ofthe university of nairobi, school of business october, 2014
Most studies show that inflation has a significant impact on stock return. Empirical evidence finds a significant relationship between exchange rates and Kenya, as an emerging economy, has seen its fair share of stock market volatility over.
Supply, exchange rates and inflation affect the stock market returns in Kenya. Money supply and inflation are found to be significant determinants of the returns at NSE. Exchange rates is however, found to have a negative impact on stock returns, while Effects of Interest Rate on Stock Market Returns in Kenya despite the evidence that stock market. study was to establish the relationship between interest rate and stock market returns in interest in examining its impact on stock returns within the context of the Nigerian Stock Market. Also, the numerous literature on inflation and stock returns in Nigeria has not received the attention it deserves. Hence, the study seeks to empirically determine the impact of inflation rates on stock returns in the Nigerian Stock Market Examining historical returns data during periods of high and low inflation can provide some clarity for investors. Numerous studies have looked at the impact of inflation on stock returns like India. The aim of the article is to find out the impact of inflation and exchange rate on stock market return in India for the period of 2003 to 2013:9.Multiple correlation and linear multiple regression tools have been applied to find
In a nut shell, for the economy to flourish, inflation and stock market ought to be more conforming and predictable In Kenya, the nature of this relationship cannot be confirmed as positive or negative. Munene (2007) in his study on the NSE established a negative relationship between stock returns and expected inflation in Kenya.