The Impact Of Macroeconomic Variables On Stock Market Of Pakistan
The purpose of this study is to investigate the relationship between the stock market with macroeconomic factors FDI (foreign direct investment) and GDP (gross domestic product). Utilize annual time series data from 1995 to 2019. Multiple regression technique is utilized to examine the variables significance with stock market. Serial correlation and Heteroskedasity valuation is used to examine the correctness as well as residual normality of data series. The finding of this analysis exposed that FDI is significant negatively at 5% level and GDP is also negatively significant at 1% level. It’s indicated that significant negative relation with stock market. These financial analyses motivate shareholders, investors, as well as stock exchange editor.