Effect of Oil Price Volatility on Stock Prices and Trading volume - Evidence from Petroleum Sector in KSE

This study examined long-term relationships between oil prices from OPEC reference basket and stock prices of 12 oil and gas companies listed on the Karachi Stock Exchange as well as with their respective trade volumes. Since oil is the major input for oil companies so they are bound to be susceptible to fluctuations in the value of international crude. This study was conducted to estimate cointegration between oil price volatility and stock prices as well as oil price and trading volume of oil companies trading on KSE and to identify the long run behavior and to adjust the short term disequilibrium with other periods of the long run.

About the author

Zain Anis is researching in finance and related fields. The main area of interest is oil price volatility and stock market.

Product details

• Authors: Zain Anis
• Publisher: LAP Lambert Academic Publishing
• Languages: English, German
• Product format: Paperback / Softback
• Released: 27.09.2012
• EAN: 9783659251450
• ISBN: 978-3-659-25145-0
• No. of pages: 84
• Dimensions: 150 mm x 220 mm x 4 mm
• Weight: 128 g
• Subject: Guides > Law, job, finance > Money, bank, stock market