The impact of inflation rate on stock market returns evidence from kenya rvxrhit

The impact of inflation rate on stock market returns evidence from kenya

19.11.2020

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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

The impact M2 money supply, exchange rates, inflation (CPI) and Interest rates (91 T-bill rates) on stock returns (captured by NSE 20-share index) in Kenya. 2.

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 impact M2 money supply, exchange rates, inflation (CPI) and Interest rates (91 T-bill rates) on stock returns (captured by NSE 20-share index) in Kenya. 2. dynamic effects of the 3month T-bill rate (Tbill), 10-year government bond yield(10gb), Exchange rate (Exch) and Inflation Rate (CPI) on the JSE all-share index in South Africa from 1995 to 2014. Chen, Roll, & Ross (1986) investigated how the US stock market returns responded to changes in a number of pre-selected macroeconomic variables. 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

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. the moderating effect of the 2008 GFC on the relation between inflation rate and stock market returns in Kenya using a product-term model. Keywords: Stock returns, Inflation rate, GFC, Product-term models . Introduction . Stock market returns provide useful signals regarding the future state 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 impact M2 money supply, exchange rates, inflation (CPI) and Interest rates (91 T-bill rates) on stock returns (captured by NSE 20-share index) in Kenya. 2.

the moderating effect of the 2008 GFC on the relation between inflation rate and stock market returns in Kenya using a product-term model. Keywords: Stock returns, Inflation rate, GFC, Product-term models . Introduction . Stock market returns provide useful signals regarding the future state

The impact of inflation rate on stock market returns: evidence from Kenya. Language: English; Authors: Otieno, Donald A.1 otienodonald38@gmail.com. Ngugi, Effects of Interest Rate on Stock Market Returns in Kenya Furthermore, despite the evidence that stock market returns, the. 3-month securities and includes macroeconomic variables such as interest rate, inflation rate and exchange rate.

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

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. This study is empirically innovative in the sense that it is the first to examine the moderating effect of the 2008 GFC on the relation between inflation rate and stock market returns in Kenya 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. the moderating effect of the 2008 GFC on the relation between inflation rate and stock market returns in Kenya using a product-term model. Keywords: Stock returns, Inflation rate, GFC, Product-term models . Introduction . Stock market returns provide useful signals regarding the future state 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 impact M2 money supply, exchange rates, inflation (CPI) and Interest rates (91 T-bill rates) on stock returns (captured by NSE 20-share index) in Kenya. 2. dynamic effects of the 3month T-bill rate (Tbill), 10-year government bond yield(10gb), Exchange rate (Exch) and Inflation Rate (CPI) on the JSE all-share index in South Africa from 1995 to 2014. Chen, Roll, & Ross (1986) investigated how the US stock market returns responded to changes in a number of pre-selected macroeconomic variables.