scholarly journals Analysis of the Influence of the Price of Raw Oil and Natural Gas on the Prices of Indices and Shares of the Turkish Stock Exchange

2021 ◽  
Vol 66 (1) ◽  
pp. 151-166
Author(s):  
Nurkhodzha Akbulaev ◽  
Basti Aliyeva ◽  
Shehla Rzayeva
Keyword(s):  
Natural Gas ◽  
Stock Prices ◽  
Stock Exchange ◽  
Share Price ◽  
Stock Index ◽  
Linear Regression Models ◽  
Oil And Natural Gas ◽  
Statistical Program ◽  
The Cost ◽  
The Impact

This article is a review on the impact of prices and their dependence on the cost of oil and natural gas on the world stock markets. The main studies and results achieved in the field of the impact of prices on both the stock index and industrial stocks and the dependence on the level of oil prices are presented. The paper presents an econometric study on the choice of offers on the securities market that allows us to identify the main specifics of changes in prices for the stock index and industrial shares in the daily period from 13. 05. 2012 to 01. 12. 2019. The article uses methods for estimating the impact of the price of natural gas and WTI crude oil using the Gretl statistical program, taking into account the selection of the main correlation features of the price matrix. Of the 13 proposed research models, only one model showed its statistical insignificance. A paired linear model of the CocaCola share price dependence and its dependence on NGFO prices was presented and analyzed in detail. Based on the results of econometric modeling, linear regression models were constructed for the dependence of stock prices on the NGFO and WTISPOT prices. The Gretl environment allows you to evaluate the situation in the econometric environment and make a forecast based on the obtained models of the dependence of stock prices and make appropriate conclusions.

scholarly journals The Impact of Corona Virus Disease 2019 (COVID-19) on Indonesia Property Stock Index

2021 ◽  
Vol 4 (2) ◽  
pp. 85-96
Author(s):  
Kevin Ronaldo Gotama ◽  
Njo Anastasia
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Virus Disease ◽  
Sampling Technique ◽  
Stock Index ◽  
Event Analysis ◽  
Corona Virus ◽  
Before And After ◽  
The Impact

A promising investment in the property sector is due to appreciation in property value. As an economic instrument, the stock market, inseparable from different environmental factors, was triggered by incident in Wuhan, Hubei Province, China, an outbreak of acute respiratory tract infection 2 (SARS-CoV-2) in December 2019 and then spread across China. This study is a comparative study on the stock index of the property sector on the stock exchange of countries affected by the Corona Virus Disease 2019 (COVID-19) case, with a purposive sampling technique according to certain criteria for sample selection. The event analysis was performed by analyzing market reaction; with COVID-19 incident effect as one of the event tests, the stock price index. The findings of the study indicate that there is an index response to the incident of COVID-19. The reflected reaction shows in the abnormal return and trade volume activity before and after the incident. Thus, this study is expected to be taken into consideration for stock investors regarding the impact of the Corona Virus Disease 2019 (COVID-19) pandemic on stock prices, by providing an overview of changes in stock prices during the monitoring period, so that they can make investment decisions in the period before and after incident.

scholarly journals Impact of Accounting Information on Share Price: Empirical Evidence from Pakistan Stock Exchange

2016 ◽  
Vol 3 (1) ◽  
pp. 124
Author(s):  
Muhammad Asif ◽  
Kashif Arif ◽  
Waqar Akbar
Keyword(s):  
Capital Market ◽  
Stock Prices ◽  
Stock Exchange ◽  
Explanatory Power ◽  
Accounting Information ◽  
Time Frame ◽  
Share Price ◽  
Share Prices ◽  
The Impact ◽  
The Relationship

Purpose—The purpose of this paper is to examine the relationship between accounting information and share price. In order to achieve this, a model that includes specific accounting ratios (earning per share, book value per share, capital employed per share and operating cash flow per share) and shares a price is developed. Design/methodology/approach—The data were collected from the companies listed in KSE-30 index. The time frame spans from 2006 to 2013 and OLS regression models were used to examine the relationshipsFindings—The resulting evidence suggest that accounting information parameters have significant influence on share price and they have joint explanatory power in determining stock prices. This research finds the consistent results with pervious empirical researches.Originality/value—The present study adds to the existing literature by examining the impact of accounting information on share prices within the context of an emerging capital market such as Pakistan Stock Exchange using KSE-30 companies. This is believed to be the first study which considers the aforementioned issues in the Pakistan’s capital market environment.

scholarly journals ADOPTING SOUND CORPORATE GOVERNANCE PRINCIPLES – A PROSPECTIVE APPROACН TOWARDS TНE IMPACT ON STOCK PRICES OF ROMANIAN LISTED COMPANIES

2020 ◽  
pp. 33-41
Author(s):  
I. Pop (Anghel)
Keyword(s):  
Corporate Governance ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Risk Mitigation ◽  
Listed Companies ◽  
Share Price ◽  
Assessment Index ◽  
Stock Market Performance ◽  
The Impact

Sound economic developments and successful businesses are conditioned by embracing proper corporate governance principles furthered by their proper implementation. There is a strong body of research that encompasses finance and accounting tools to establish valid links between qualitative corporate governance fundamentals and stock market performance of listed companies, that stem from accountability, operational integrity, transparency, management and board efficiency improvements, risk mitigation and overall better decision-making endeavours. The aim of the present research is to assess the impact of adopting sound corporate governance principles on the stock price of companies traded on the Bucharest Stock Exchange. Following our empirical efforts, the results of our regression study reveal the clear connection between price to book ratio and to our corporate governance assessment index and to a lesser extent the connection between share price and our corporate governance assessment index.

scholarly journals SENSITIVITAS FAKTOR EKONOMI MAKRO DAN MIKRO DALAM MEMPREDIKSI VOLATILITAS HARGA SAHAM PERUSAHAAN SEKTOR INDUSTRI FOOD & BEVERAGES

2019 ◽  
Vol 4 (1) ◽  
pp. 85-100
Author(s):  
Abdul Kohar ◽  
Nurmala Ahmar ◽  
Suratno Suratno
Keyword(s):  
Exchange Rate ◽  
Interest Rates ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Price Volatility ◽  
Share Price ◽  
Macroeconomic Factors ◽  
Stock Price Volatility ◽  
The Impact

The movement of macroeconomic factors can be used to predict the movement of the stock price, but different researchers are using different macroeconomic factors because there is still no consensus among them which macroeconomic factors that have an influence on stock prices. This study aimed to analyze and test the impact of macroeconomics factors which consisting of inflation, interest rates, exchange rate, and microeconomy factors, consisting of asset growth, growth earnings and sales growth to the volatility of stock prices on food and beverages companies listed in Indonesia Stock Exchange between 2011 and 2015 period. The study measure the sensitivity of inflation and interest rates and stock price volatility by regressing each variable with a share price which will produce the sensitivity value of each variable. A total of 66 samples are tested by using the classic assumption as the precondition for regression analysis techniques (multiple regressions). The results showed that inflation is partially affect the stock price volatility, Indonesia Interest Rate (SBI) is partially effect on stock price volatility, and exchange rate and microeconomics are partially no effect on stock price volatility.

scholarly journals Stock Price Natural Disaster: A Case of Pakistan Cement Sector

2019 ◽  
Vol 2 (1) ◽  
pp. 37-45
Author(s):  
Muhammad Hafeez Ullah ◽  
Shahzad Akhtar ◽  
Haroon Hussain ◽  
Hina Ismail
Keyword(s):  
Natural Disaster ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Extreme Temperature ◽  
Price Volatility ◽  
Share Price ◽  
Study Methodology ◽  
Land Sliding ◽  
The Impact

Current The aim of current study is to investigate the impact of natural disaster on stock market in case cement sector of Pakistan. The approach of current study is to explore the effect of natural disaster on change in stock price in a given index. The study has used event study methodology to explore the relationship.  Stock markets react differently from certain natural disaster events. The natural events, flood, earthquake, extreme temperature, land sliding, has significant effect on stock prices and its effect on share price volatility. All evidence provide from Pakistan stock exchange.

scholarly journals Increasing capital through subscription and capitalization and their impact on common stock prices

2017 ◽  
Vol 3 (2) ◽  
pp. 580
Author(s):  
Salah Hassan Ahmad
Keyword(s):  
Stock Prices ◽  
Stock Exchange ◽  
Bad News ◽  
Common Stock ◽  
Test Results ◽  
Main Hypothesis ◽  
The Third ◽  
Statistical Program ◽  
The Impact ◽  
Stock Dividend

The aim of research is to study Capital increase Through the issuance of new common stock (IPO) , And through the stock dividend And the study impact of Capital increase on the stock prices In the stock market . Problem of the research represented in extent impact of Capital increase on the stock prices in the Iraq stock Exchange ?  to achieve this objective has been tested three main hypotheses, the first hypothesis that " There are significant impact of Capital increase Through the issuance of new common stock on the stock prices for the surveyed companies " . The second hypothesis is that " There are significant impact of  Capital increase Through the stock dividend on the stock prices for the surveyed companies " . Third hypothesis that that " The impact of the capital increase through the stock dividend  greater than the impact of the capital increase through the issuance of new stock on the stock prices for the surveyed companies " . To test the hypotheses of the research Data were analyzed using statistical program (SPSS) and using (T-Test) , The research sample included 13 companies Listed in the Iraq Stock Exchange , During the period from November 2013 until June 2015 , 6 companies increased their capital through issuance of new common stock (IPO) , While 6 companies increased their capital through stock dividend , The research has reached into number of conclusions, The most important that the Test results showed presence the impact of Capital increase Through the issuance of new common stock on the stock prices for the surveyed companies , This corresponds with the first main hypothesis . Also the Test results showed presence the impact of Capital increase Through the stock dividend on the stock prices for the surveyed companies, This corresponds with the second main hypothesis . Also the Test results showed the impact of the capital increase through the stock dividend not  greater than the impact of the capital increase through the issuance of new stock on the stock prices for the surveyed companies , This not corresponds with the Third main hypothesis .The Researcher was presented a set of recommendations, the most important that companies management must try not to over-reliance In funding to increase capital through the issuance of new stock (IPO) Because Investors are regarded as bad news about the financial situation of the company is reflected negatively on the wealth of the owners .

scholarly journals IMPACT OF DIVIDEND PER SHARE ON SHARE PRICES OF SELECTED CONSUMER GOODS FIRMS LISTED IN THE NIGERIA STOCK EXCHANGE

2021 ◽  
pp. 142-155
Author(s):  
Egolum Priscilla. U ◽  
Onyeogubalu Ogochukwu. N
Keyword(s):  
Consumer Goods ◽  
Stock Exchange ◽  
Investment Decisions ◽  
Sampling Technique ◽  
Share Price ◽  
Linear Regression Models ◽  
Share Prices ◽  
Independent Variable ◽  
Level Of Significance ◽  
The Impact

Prospective investors in the Stock Exchange desire empirical based analysis of firms’ performance to guide their investment decisions. This study examined the impact of quantitative factor, dividend per share (DPS) on determination of share prices of the selected consumer goods firms listed in the Nigeria Stock Exchange over the period 2009-2018. One hypothesis anchoring on the impact of independent variable DPS on the share prices was formulated for testing in this study. Judgmental sampling technique was adopted in the study. Annual financial statements of the selected firms were used for the study. Ratio analysis, correlation and linear regression models were used to measure the impact of the independent variable on the Share price (SP), the dependent variable. Paired sample t-test was used to test the hypotheses at 5% level of significance. The empirical findings show that, there is a positive correlation between the independent variable (DPS). DPS is accountable for about 21.7% changes in the share prices of consumer goods firms listed in the Nigeria Stock Exchange. Investors are enjoined to carefully scrutinize the trend in the DPS of the consumer goods company listed in Nigeria Stock Exchange among other variables before investing their funds; doing so will lead them to making good and viable investment decisions. Management of the consumer goods firms should also strive to operate optimal dividend policy that will not be detrimental to the share price of its organization. KEY WORDS: Dividend per share, share price, Stock Exchange, consumer goods firms.

Effect Of Leverage, Inflation And GDP To Share Price Pt. Astra Otoparts Tbk.

ProBank ◽  
2018 ◽  
Vol 3 (2) ◽  
pp. 17-21
Author(s):  
Heriyanta Budi Utama ◽  
Florianus Dimas Gunurdya Putra Wardana
Keyword(s):  
Gross Domestic Product ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Share Price ◽  
Domestic Product ◽  
Coefficient Of Determination ◽  
Test Results ◽  
Purposive Sampling

The purpose of this study was to obtain empirical evidence about the effect of leverage, inflation and Gross Domestic Product (GDP) of the share price at PT. Astra Autopart, Tbk. companies in Indonesia Stock Exchange in 2011-2015. The sampling technique in this study using a purposive sampling. With the technique of purposive  sampling, all the members of the research samples by criteria. Samples that meet the criteria are used research data. Then followed the classic assumption test and test hypotheses by linear regression. The results of this study demonstrate the regression results in regression equation that Y = 2605,424 + 1561,550 X1 + 2,338 X2 + 38,994X3. T test results showed that the leverage anda GDP (Gross Domestic Product) is positive and significant effect on stock prices, while inflation is not positive and significant effect on stock prices. F test results showed that jointly leverage variables, inflation and GDP variables affecting the stock price significantly. The test results R2 (coefficient of determination) found that the variable leverage, inflation and GDP able to explain 35,4% of the stock price variable, while the remaining 64,6% is explained by other variables.Keywords: leverage, inflation, GDP, and the share priceThe purpose of this study was to obtain empirical evidence about the effect of leverage, inflation and Gross Domestic Product (GDP) of the share price at PT. Astra Autopart, Tbk. companies in Indonesia Stock Exchange in 2011-2015.The sampling technique in this study using a purposive sampling. With the technique of purposive  sampling, all the members of the research samples by criteria. Samples that meet the criteria are used research data. Then followed the classic assumption test and test hypotheses by linear regression.The results of this study demonstrate the regression results in regression equation that Y = 2605,424 + 1561,550 X1 + 2,338 X2 + 38,994X3. T test results showed that the leverage anda GDP (Gross Domestic Product) is positive and significant effect on stock prices, while inflation is not positive and significant effect on stock prices. F test results showed that jointly leverage variables, inflation and GDP variables affecting the stock price significantly. The test results R2 (coefficient of determination) found that the variable leverage, inflation and GDP able to explain 35,4% of the stock price variable, while the remaining 64,6% is explained by other variables.Keywords: leverage, inflation, GDP, and the share price

scholarly journals PENGARUH INFLASI, PROFITABILITAS, STRUKTUR MODAL, DAN EARNING PER SHARE TERHADAP HARGA SAHAM PERUSAHAAN CONSUMER GOODS

2019 ◽  
Vol 8 (6) ◽  
pp. 3930
Author(s):  
Septia Wulandari Suarka ◽  
Ni Luh Putu Wiagustini
Keyword(s):  
Data Collection ◽  
Consumer Goods ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Participant Observation ◽  
Share Price ◽  
Significant Positive Effect ◽  
Positive Effect

The purpose of this study is to analyze the significance of the influence of inflation, ROE, DER, and EPS on stock prices. This research was conducted at Concern Goods Companies that are listed on the Indonesia Stock Exchange (IDX) for the 2015-2017 period. The number of samples of this study were 31 companies. Data collection is done by the method of non-participant observation. Based on the results of the analysis found that inflation, ROE. DER, and EPS simultaneously have a significant effect on stock prices. Partially Inflation and DER have no significant effect on stock prices, this indicates that investors do not see Inflation and DER as a decision to buy shares. While partially ROE and EPS have a significant positive effect on stock prices, this shows that investors pay attention to ROE and EPS in deciding to invest. The higher the ROE and EPS, the higher the investor's interest in investing in the company's capital, so that the share price will go up. Keywords: Inflation, ROE, DER, EPS, stock price    

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