The Influence Of Macroeconomic Variables On The Stock Market Performance In Kenya: A Case Of Nairobi Securities Exchange
The main objective of this study was to assess the influence of macroeconomic variables on the stock market performance in Kenya. Unit root test, Correlation, Co integration and Vector Error Correction Mechanism were employed as the analytical tools. The findings revealed some interesting results, interest rate, Money supply, Crude oil price, exchange rate and inflation were found to have influence on stock market performance.
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