Research Article
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THE MACROECONOMIC DETERMINANTS AND ITS IMPACT ON STOCK RETURNS

Year 2022, Volume: 6 Issue: 3, 37 - 52, 31.12.2022

Abstract

Investors in every economy may gauge stock returns by trading the many equities available to them. So, the primary purpose of trading is to generate an efficient positive flow of funds to the investors. The trade's primary focus is the character of ownership represented by the claim in the proportion of the partnership as established by the profits and assets. As a result, the investment should be geared toward producing a sound profit from the capital outlay. The rate of return is the amount of money made from an investment after factoring in the impact of market fluctuations
An online questionnaire served as the primary data collector for this investigation.
This was utilized to acquire massive volumes of data from a wide range of individuals across many financial institutions. The study was able to acquire the necessary data in the lowest amount of time possible while also keeping costs to a minimum thanks to this approach.
It is hoped that the following suggestions may increase the volume of stock investing in Lebanon. Researchers, policymakers, financial advisers, and individual investors may all benefit from the findings of this research. However, a hybrid technique, including both quantitative and qualitative methods of data collecting, is strongly suggested for the study.
Managers' perspectives on the variables that might effect stock returns in Lebanon can be studied through a survey for the quantitative approach, and indepth interviews with key stakeholders for the qualitative.
However, it is also advised to gather data over a tenyear period on the macroeconomic causes and then evaluate them using a panel regression. One alternative is to examine the differences between Lebanon and other nations via a comparative research

References

  • Ajmi, Ahdi, Montasser, Gassan, Hammoudeh, Shawkat, & Nguyen, Duc. (2014). Oil prices and MENA stock markets: New evidence from nonlinear and asymmetric causalities during and after the crisis period. Working Paper Series, IPAG Business School.
  • Al-Assaf, G. (2019). Testing for asymmetric cointegration relationship be-tween banking sector development and trade openness: Evidence from Jordan. Dirasat: Administrative Sciences, 41(2).
  • Al-Qudah, Ali. (2019). The impact of oil price shocks on Amman stock ex-change real returns. International Journal of Business and Social Science, 5(12), 224-235
  • Dhaoui, Abderrazak, & Khraief, Naceur. (2014). Empirical linkage between oil price and stock market returns and volatility: Evidence from international devel-oped markets. Economics, 20(2).
  • Diaz, Elena, Molero, Juan, & Gracia, Femando. (2019). Oil price volatility and stock returns in the G7 Economics. Energy Economics, 54(4), 417-430.
  • Dogan, F., Silahli, Baykar, Cifter, Atilla, & Akay, Gokhan. (2016). The ef-fects of oil prices on stock returns in MENA countries: A firm-level date analysis. Retrieved from http://www.dohainstitute.edu.qa/MEEA2016/downloads/fadime%20dogan_Final.pdf
  • Gomes, Mathieu, & Chaibi, Anissa. (2014). Volatility spillovers between oil prices and stock returns: A focus on frontier market. The Journal of applied Busi-ness Research, 30(2), 509-526.
  • Masih, Rumi, Perters, Sanjay, & Mello, Lurion. (2010). Oil price volatility and stock price fluctuations in an http://ijfr.sciedupress.com International Journal of Financial Research Vol. 8, No. 1; 2017 Published by Sciedu Press 180 ISSN 1923-4023 E-ISSN 1923-4031 emerging market: Evidence from South Korea. Energy Economics, 33(5), 975-986.
  • Moghadam, Hamed. (2010). Asymmetric effect of oil price shocks on stock markets. Retrieved from http://www.ssm.com/abstract=2787019
  • Momani, Gazi, & Alsharari, Majed. (2012). Impact of economic factors on the stock prices at Amman stock market (1992 – 2010). International Journal of Economics and Finance, 4(1), 151-159.
  • Zhu, H., Su, X., Guo, Y., & Ren, Y. (2016). The asymmetric effects of oil price shocks on the Chinese stock market: Evidence from a quantive impulse perponse perspective. Sustainability, 8(766), 1-19.
Year 2022, Volume: 6 Issue: 3, 37 - 52, 31.12.2022

Abstract

References

  • Ajmi, Ahdi, Montasser, Gassan, Hammoudeh, Shawkat, & Nguyen, Duc. (2014). Oil prices and MENA stock markets: New evidence from nonlinear and asymmetric causalities during and after the crisis period. Working Paper Series, IPAG Business School.
  • Al-Assaf, G. (2019). Testing for asymmetric cointegration relationship be-tween banking sector development and trade openness: Evidence from Jordan. Dirasat: Administrative Sciences, 41(2).
  • Al-Qudah, Ali. (2019). The impact of oil price shocks on Amman stock ex-change real returns. International Journal of Business and Social Science, 5(12), 224-235
  • Dhaoui, Abderrazak, & Khraief, Naceur. (2014). Empirical linkage between oil price and stock market returns and volatility: Evidence from international devel-oped markets. Economics, 20(2).
  • Diaz, Elena, Molero, Juan, & Gracia, Femando. (2019). Oil price volatility and stock returns in the G7 Economics. Energy Economics, 54(4), 417-430.
  • Dogan, F., Silahli, Baykar, Cifter, Atilla, & Akay, Gokhan. (2016). The ef-fects of oil prices on stock returns in MENA countries: A firm-level date analysis. Retrieved from http://www.dohainstitute.edu.qa/MEEA2016/downloads/fadime%20dogan_Final.pdf
  • Gomes, Mathieu, & Chaibi, Anissa. (2014). Volatility spillovers between oil prices and stock returns: A focus on frontier market. The Journal of applied Busi-ness Research, 30(2), 509-526.
  • Masih, Rumi, Perters, Sanjay, & Mello, Lurion. (2010). Oil price volatility and stock price fluctuations in an http://ijfr.sciedupress.com International Journal of Financial Research Vol. 8, No. 1; 2017 Published by Sciedu Press 180 ISSN 1923-4023 E-ISSN 1923-4031 emerging market: Evidence from South Korea. Energy Economics, 33(5), 975-986.
  • Moghadam, Hamed. (2010). Asymmetric effect of oil price shocks on stock markets. Retrieved from http://www.ssm.com/abstract=2787019
  • Momani, Gazi, & Alsharari, Majed. (2012). Impact of economic factors on the stock prices at Amman stock market (1992 – 2010). International Journal of Economics and Finance, 4(1), 151-159.
  • Zhu, H., Su, X., Guo, Y., & Ren, Y. (2016). The asymmetric effects of oil price shocks on the Chinese stock market: Evidence from a quantive impulse perponse perspective. Sustainability, 8(766), 1-19.
Year 2022, Volume: 6 Issue: 3, 37 - 52, 31.12.2022

Abstract

References

  • Ajmi, Ahdi, Montasser, Gassan, Hammoudeh, Shawkat, & Nguyen, Duc. (2014). Oil prices and MENA stock markets: New evidence from nonlinear and asymmetric causalities during and after the crisis period. Working Paper Series, IPAG Business School.
  • Al-Assaf, G. (2019). Testing for asymmetric cointegration relationship be-tween banking sector development and trade openness: Evidence from Jordan. Dirasat: Administrative Sciences, 41(2).
  • Al-Qudah, Ali. (2019). The impact of oil price shocks on Amman stock ex-change real returns. International Journal of Business and Social Science, 5(12), 224-235
  • Dhaoui, Abderrazak, & Khraief, Naceur. (2014). Empirical linkage between oil price and stock market returns and volatility: Evidence from international devel-oped markets. Economics, 20(2).
  • Diaz, Elena, Molero, Juan, & Gracia, Femando. (2019). Oil price volatility and stock returns in the G7 Economics. Energy Economics, 54(4), 417-430.
  • Dogan, F., Silahli, Baykar, Cifter, Atilla, & Akay, Gokhan. (2016). The ef-fects of oil prices on stock returns in MENA countries: A firm-level date analysis. Retrieved from http://www.dohainstitute.edu.qa/MEEA2016/downloads/fadime%20dogan_Final.pdf
  • Gomes, Mathieu, & Chaibi, Anissa. (2014). Volatility spillovers between oil prices and stock returns: A focus on frontier market. The Journal of applied Busi-ness Research, 30(2), 509-526.
  • Masih, Rumi, Perters, Sanjay, & Mello, Lurion. (2010). Oil price volatility and stock price fluctuations in an http://ijfr.sciedupress.com International Journal of Financial Research Vol. 8, No. 1; 2017 Published by Sciedu Press 180 ISSN 1923-4023 E-ISSN 1923-4031 emerging market: Evidence from South Korea. Energy Economics, 33(5), 975-986.
  • Moghadam, Hamed. (2010). Asymmetric effect of oil price shocks on stock markets. Retrieved from http://www.ssm.com/abstract=2787019
  • Momani, Gazi, & Alsharari, Majed. (2012). Impact of economic factors on the stock prices at Amman stock market (1992 – 2010). International Journal of Economics and Finance, 4(1), 151-159.
  • Zhu, H., Su, X., Guo, Y., & Ren, Y. (2016). The asymmetric effects of oil price shocks on the Chinese stock market: Evidence from a quantive impulse perponse perspective. Sustainability, 8(766), 1-19.
There are 11 citations in total.

Details

Primary Language English
Journal Section Research Article
Authors

Mohamad Zreik This is me

Publication Date December 31, 2022
Published in Issue Year 2022 Volume: 6 Issue: 3

Cite

APA Zreik, M. (2022). THE MACROECONOMIC DETERMINANTS AND ITS IMPACT ON STOCK RETURNS. International Journal of Social And Humanities Sciences, 6(3), 37-52.
AMA Zreik M. THE MACROECONOMIC DETERMINANTS AND ITS IMPACT ON STOCK RETURNS. IJSHS. December 2022;6(3):37-52.
Chicago Zreik, Mohamad. “THE MACROECONOMIC DETERMINANTS AND ITS IMPACT ON STOCK RETURNS”. International Journal of Social And Humanities Sciences 6, no. 3 (December 2022): 37-52.
EndNote Zreik M (December 1, 2022) THE MACROECONOMIC DETERMINANTS AND ITS IMPACT ON STOCK RETURNS. International Journal of Social And Humanities Sciences 6 3 37–52.
IEEE M. Zreik, “THE MACROECONOMIC DETERMINANTS AND ITS IMPACT ON STOCK RETURNS”, IJSHS, vol. 6, no. 3, pp. 37–52, 2022.
ISNAD Zreik, Mohamad. “THE MACROECONOMIC DETERMINANTS AND ITS IMPACT ON STOCK RETURNS”. International Journal of Social And Humanities Sciences 6/3 (December 2022), 37-52.
JAMA Zreik M. THE MACROECONOMIC DETERMINANTS AND ITS IMPACT ON STOCK RETURNS. IJSHS. 2022;6:37–52.
MLA Zreik, Mohamad. “THE MACROECONOMIC DETERMINANTS AND ITS IMPACT ON STOCK RETURNS”. International Journal of Social And Humanities Sciences, vol. 6, no. 3, 2022, pp. 37-52.
Vancouver Zreik M. THE MACROECONOMIC DETERMINANTS AND ITS IMPACT ON STOCK RETURNS. IJSHS. 2022;6(3):37-52.