IMPACT OF OIL PRICE ON GCC STOCK MARKETS

Authors

  • Hend Faisal Kadasah
  • Shabir Hakim

Abstract

Oil is the significant wellspring of income for GCC nations and is required to influence the securities exchanges in these nations. At the point when oil costs change, they have coordinated effect on the development of an economy, which permeates to the securities exchanges. Oil is the real wellspring of income for the Gulf Cooperation Council (GCC) nations. However, there are relatively few examinations that have inspected the effect of the adjustment in oil cost and profit for GCC securities exchanges. This examination analyzes the effect of progress on oil costs on the profits on GCC securities exchanges utilizing eight-year month to month information frame February 2008 to December 2015. For information examination and model testing, this investigation utilized common Minimum Square or relapse strategy. The test aftereffects of the model demonstrate that the adjustment in oil costs has critical impact on the profits in securities exchanges in all GCC nations.

 

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Published

2021-05-09

How to Cite

Hend Faisal Kadasah, & Shabir Hakim. (2021). IMPACT OF OIL PRICE ON GCC STOCK MARKETS. PalArch’s Journal of Archaeology of Egypt / Egyptology, 18(13), 1007-1017. Retrieved from https://archives.palarch.nl/index.php/jae/article/view/8255

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