Economics, Econometrics and Finance
4 years ago

Interest rates and foreign investments drive Ghana's stock market movements.

RePEc: Research Papers in Economics
Macroeconomic Factors and Stock Market Movement: Evidence from Ghana
Anokye M. Adam, George Tweneboah

Paper Summary

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The study looked at how different economic factors affect stock prices in Ghana. They used data from 1991 to 2006 to see how things like interest rates and foreign investments impact the stock market. The researchers found that interest rates and foreign investments are the main factors that influence stock prices in Ghana over the long term.