Impact of Interest Rate on Stock Price, Analysis of Stock Movement of Fauji Fertilizer and Engro Corporation Limited: Evidence From Pakistan Stock Exchange

Authors

  • Muhammad Ibrahim Tiwano MBA Scholar, Institute of Business Administration, University of Sindh, Jamshoro, Sindh 76080, Pakistan Author
  • Feroz Khan Laghari MBA Scholar, Institute of Business Administration, University of Sindh, Jamshoro, Sindh 76080, Pakistan Author
  • Muhammad Fahad MS Finance Scholar, Institute of Business Management Sciences, University of Agriculture, Faisalabad, Pakistan Author
  • Shahzaib Akram MBA Scholar, Institute of Business Management Sciences, University of Agriculture, Faisalabad, Pakistan Author
  • Laraib Zaman MS Finance Scholar, Institute of Business Management Sciences, University of Agriculture, Faisalabad, Pakistan Author

DOI:

https://doi.org/10.61506/01.00189

Keywords:

Interest rate, Stock price, Pakistan Stock exchange, Fauji fertilizer and Engro Corporation

Abstract

The objective of this study is to evaluate the impact of interest rate on Pakistani stock market price. Take a teen year ending data from 2009 to 2018 of two companies which is listed in Pakistan stock market (PSX) Fauji fertilizer and Engro Corporation limited. MATLAB tool is used for analysis the secondary data of interest rate and both companies stock price. Study uses the correlation and linear regression approaches in order to evaluate the impact of interest rate on stock price of both companies, the result shows the link between interest rates and stocks is favorable. As the interest rate is increase or decrease the stock price of both companies are increase or decrease.

References

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www.engro.com

www.ffc.com.pk

www.psx.com.pk

www.sbp.com

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Published

2024-03-27

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Section

Articles

How to Cite

Tiwano, M. I. ., Laghari, F. K. ., Fahad, M. ., Akram, S. ., & Zaman, L. . (2024). Impact of Interest Rate on Stock Price, Analysis of Stock Movement of Fauji Fertilizer and Engro Corporation Limited: Evidence From Pakistan Stock Exchange. Bulletin of Business and Economics (BBE), 13(1). https://doi.org/10.61506/01.00189

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