IDEAS home Printed from https://ideas.repec.org/a/mgs/ijoied/v3y2018i6p33-41.html
   My bibliography  Save this article

The Effects of Macroeconomic Factors on the Performance of Stock Market in Sri Lanka

Author

Listed:
  • Shohani Upeksha Badullahewage

    (Department of Economics, Faculty of Humanities and Social Sciences, University of Sri Jayewardenepura, Colombo, Sri Lanka)

Abstract

The main objective of this research is to analyze the vital impact of macroeconomic factors on the stock market performance in Sri Lanka. All the factors which have a direct impact on the working of the emerging stock market have hereby studied. The relationship between the pivotal factors such as inflation, gross domestic product, interest rates, and exchange rates has been properly conducted with the assistance of the indexes. The results of the analysis revealed that all these factors have an inseparable impact over the performance of the stock market and Sri Lankan stock market performance has eventually over gone through many ups and downs because of them as well. It has been revealed that among all the factors that have been discussed, inflation and exchange rates have comparatively higher effects on the stock market performance. It shows a fluctuation because of the unpredictable nature of these factors. Colombo Stock Exchange has seen a tremendous change in its performance over a period for which these factors have played a prominent as well as a vital role in it its functioning.

Suggested Citation

  • Shohani Upeksha Badullahewage, 2018. "The Effects of Macroeconomic Factors on the Performance of Stock Market in Sri Lanka," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 3(6), pages 33-41, February.
    • Handle: RePEc:mgs:ijoied:v:3:y:2018:i:6:p:33-41
    DOI: 10.18775/ijied.1849-7551-7020.2015.36.2002
    as

    Download full text from publisher

    File URL: https://researchleap.com/wp-content/uploads/2018/02/02_The_Effects_of_Macroeconomic.edited.pdf
    Download Restriction: no
    File URL: https://researchleap.com/effects-macroeconomic-factors-performance-stock-market-sri-lanka/
    Download Restriction: no
    File URL: https://libkey.io/10.18775/ijied.1849-7551-7020.2015.36.2002?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Shubham Kakran & Nishant Sapra & Ashish Kumar & Arpit Sidhu, 2024. "Interrelationship dynamics between stock markets of nation under debt crisis and its major trading partners: evidence from Sri Lankan crisis," Future Business Journal, Springer, vol. 10(1), pages 1-15, December.
    2. Sepehrdoust, Hamid & Ahmadvand, Shokoufeh & Mirzaei, Nesa, 2022. "Impact of information, communication technology and housing industry on financial market development," Technology in Society, Elsevier, vol. 69(C).

    More about this item

    Keywords

    Macroeconomic factors; Stock performance; Colombo stock exchange;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mgs:ijoied:v:3:y:2018:i:6:p:33-41. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bojan Obrenovic (email available below). General contact details of provider: https://researchleap.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.