المتغيرات النقدية وأثرها على المؤشر المالي للبورصة: دراسة حالة دول مجلس التعاون الخليجي خلال الفترة 2007-2017

Abstract EN

This study aims to extract the relationship that exists between monetary variables and stock prices in the gulf cooperation council countries during the period from 2007-2017 by using the multiple self-regression model of longitudinal data (Panal) and with the help of Eviews9 program to interpret and find the relationship between the share price and a set of monetary and representative variables in: monetary mass, inflation, interest rate, exchange rate.

the study found that there is a direct, statistically significant relationship between the interest rate and the share price, and thus it is considered the most influential factor in explaining changes in stock prices in the gulf cooperation council countries, while inflation, the monetary mass and the exchange rate do not have any statistical significance and therefore they are not it plays no role in explaining stock price changes in these countries.