Index Funds and Stock Market Growth

This paper described the development of the Stock Market in Thailand since it has been established in 1975. During these thirty years the Stock Market in Thailand has introduced computer system to facilitate investors and listed companies both in financial data and administrative work. Particularly the internet trading system has been introduced to enhance market growth. This can be traced from the increasing volume of trade each day. The growth of Thai stock market has changed the structure of Thai economy and affects the economic development of Thailand.

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Impact of Foreign Direct Investment on Stock Market Growth in Nigeria

Asian Research Journal of Arts & Social Sciences ◽

10.9734/arjass/2016/28573 ◽

2016 ◽

Vol 1 (2) ◽

pp. 1-14

Author(s):

Odo Idenyi ◽

Anoke Ifeyinwa ◽

Nwachukwu Obinna ◽

E Promise

Keyword(s):

Foreign Direct Investment ◽

Stock Market ◽

Direct Investment ◽

Market Growth

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Sequel outcome of automobile sector on account of covid – 19 through technical analysis

Kongunadu Research Journal ◽

10.26524/krj.2021.17 ◽

2021 ◽

Vol 8 (2) ◽

pp. 39-43

Author(s):

Vivek Prabu M ◽

Dharani K S

Keyword(s):

Economic Development ◽

Stock Market ◽

Free Fall ◽

Technical Analysis ◽

Domestic Demand ◽

Automotive Sector ◽

Market Growth ◽

Travel Restrictions ◽

Private Transportation ◽

Indian Stock Market

The COVID – 19 pandemic has deteriorated multiple facets of the stable functioning of economies of most countries. Social restrictions associated with the immediate response to the pandemic has curtailed dynamic functioning of many industries that buttress the economic development of countries. Performance of automotive industries was expected to nosedive following the travel restrictions. One of the major sources of profit for the automotive industries in India is their consumer base in countries like U. K, Germany, and China etc. Severity of the pandemic in these countries entailed trade regulations that propelled a negative trend in the market growth of Indian automotive industries. But the economy of automotive sector of India was saved from a free fall by the countering effect of the domestic demand in private transportation. This paper presents the technical analysis on the Maruti Suzuki Private Limited to measure the stock movement of the Automobile sector in the Indian Stock Market.

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Cash management and performance of index mutual funds

Academia Revista Latinoamericana de Administración ◽

10.1108/arla-07-2020-0158 ◽

2020 ◽

Vol 33 (3/4) ◽

pp. 549-565

Author(s):

Diego Víctor de Mingo-López ◽

Juan Carlos Matallín-Sáez ◽

Amparo Soler-Domínguez

Keyword(s):

Stock Market ◽

Mutual Funds ◽

Mutual Fund ◽

Fund Performance ◽

Cash Management ◽

Stock Market Index ◽

Index Funds ◽

Content Type ◽

Market Index ◽

And Performance

PurposeThis study aims to assess the relationship between cash management and fund performance in index fund portfolios.Design/methodology/approachUsing a sample of 104 index mutual funds that track the Standard and Poor 500 stock market index from January 1999 to December 2016, the authors employ quintile portfolios and different regression models to assess the differences in risk-adjusted monthly returns experienced by index funds managing different cash levels in their portfolios. To ensure the robustness of the results, different sub-periods and market states are considered in the analyses as well as other exogenous factors and fund characteristics affecting the level of portfolio cash holdings and index fund performance.FindingsResults show that index funds holding higher levels of cash and cash equivalents performed significantly worse than their low-cash counterparts. This evidence remains even after considering different sub-periods and bullish and bearish market conditions and controlling for fund expenses and other variables that could drive this cash-performance relationship.Originality/valueThis study expands the extant literature analyzing cash management in the mutual fund industry. More specifically, the analyses focus on index fund portfolios that replicate a specific benchmark, given that their performance differences should not be related to the market evolution but to the factors derived from the fund management and other exogenous issues. These findings are of interest to managers and investors willing to improve their risk-adjusted returns while investing as diversified as a stock market index.

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Does Macroeconomic Indicators Influence Stock Price Behavior? Evidence from Nigerian Stock Market

International Finance and Banking ◽

10.5296/ifb.v6i2.14928 ◽

2019 ◽

Vol 6 (2) ◽

pp. 26

Author(s):

Peter Ego Ayunku

Keyword(s):

Stock Market ◽

Significant Influence ◽

Stock Prices ◽

Stock Price ◽

Time Series Data ◽

Unit Root Test ◽

Series Data ◽

Price Behavior ◽

Market Growth ◽

Integration Test

This paper investigate whether macroeconomics indicators influences stock price behavior in Nigerian stock market, using an annual time series data spanning from 1985-2015. The study employed some econometric tools such as Augmented Dicker Fuller (ADF) Unit Root test, Johansen’s co integration test, Vector Error Correction Model (VECM) to analyze the variables of interest. The study found out that Money Supply (MS) has an inverse but statistically significant influence on stock prices in Nigerian stock market also Treasury Bill Rate (TBR) has an inverse and statistically insignificant influence on stock market prices. While on the other hand, Market Capitalization (MCAP) has a positive and statistically significant influence on stock prices while Exchange Rate (EXR) has positive but statistically insignificant relationship with stock prices in the Nigerian Stock Market. In view of the above, the study recommends amongst others that monetary authorities should try as much as possible to implement sound macroeconomic policies that would enhance stock market growth and development in Nigeria.

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