Stock market measures predict market performance, shaping economic development in Sri Lanka.
The article explores how different measures in the stock market impact the overall economy in Sri Lanka. By analyzing data from the Colombo Stock Exchange, the researchers found that variables like all share price index, market capitalization, price to earnings ratio, and shares traded equity influence stock market development. However, dividend yield was not found to have a significant impact. This information can help decision-makers understand how the stock market affects the economy and make informed choices.