Impact of Interest Rate on Stock Price, Analysis of Stock Movement of Fauji Fertilizer and Engro Corporation Limited: Evidence From Pakistan Stock Exchange-Reference-Cited by-同舟云学术

Impact of Interest Rate on Stock Price, Analysis of Stock Movement of Fauji Fertilizer and Engro Corporation Limited: Evidence From Pakistan Stock Exchange

Published:2024-03-27 Issue:1 Volume:13 Page:
ISSN:2409-9368
Container-title:Bulletin of Business and Economics (BBE)
language:
Short-container-title:BBE

Author:

Tiwano Muhammad Ibrahim,Laghari Feroz Khan,Fahad Muhammad,Akram Shahzaib,Zaman Laraib

Abstract

The objective of this study is to evaluate the impact of interest rate on Pakistani stock market price. Take a teen year ending data from 2009 to 2018 of two companies which is listed in Pakistan stock market (PSX) Fauji fertilizer and Engro Corporation limited. MATLAB tool is used for analysis the secondary data of interest rate and both companies stock price. Study uses the correlation and linear regression approaches in order to evaluate the impact of interest rate on stock price of both companies, the result shows the link between interest rates and stocks is favorable. As the interest rate is increase or decrease the stock price of both companies are increase or decrease.

Publisher

Research for Humanity (Private) Limited

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