Bangladesh Stock Market Unaffected by Macroeconomic Factors, Interest Rates Key
The study looked at how the economy in Bangladesh affects the stock market over time. They found that the stock market in Bangladesh is not influenced by factors like industrial production, money supply, or GDP growth. However, changes in interest rates may have some impact on stock market returns. This suggests that the stock market in Bangladesh may not always react to economic changes as expected, making it less efficient in terms of information.