The Impact of Macroeconomic Variables on Stock Prices. A Case Study of the Zimbabwe Stock Exchange Year 2018-2022
- Author
- Pikirwe, Sharon. R
- Title
- The Impact of Macroeconomic Variables on Stock Prices. A Case Study of the Zimbabwe Stock Exchange Year 2018-2022
- Abstract
-
Zimbabwe's macroeconomic performance was consistently strong during a period of steady
growth, but fell by around 40% during a period of substantial volatility between 1999 and 2008
. Domestic and global currency shortages and inflation reached exceptionally high
levels during this time, leading investors to scramble for strategies and speculation to become a
significant element influencing the performance of the local stock exchange
Despite the volatility of macroeconomic variables between 2001 and 2008, the ZSE's stock market
capitalization increased and had one of its best years ever in 2008 with a market capitalization of
$3,310,642,246 and $5,033,000 compared to a GDP of -3.65 percent in 2007 and -17.67 percent
in 2008.
- Date
- 2023
- Publisher
- BUSE
- Keywords
- Macroeconomic Variables
- Supervisor
- Mr. Basira
- Item sets
- Department of Statistics and Mathematics
