Macro-Economic Factors Affecting Stock Market Performance in Zambia: A Case of the Lusaka Securities Exchange

View Full Paper

Ask AI

Bookmark

Authors

Discussion

Descriptive analysis explores how interest rates and money supply influence stock performance in Zambia.

Stock market performance is significantly influenced by macroeconomic factors, particularly interest rates.
The study found that 81.9% of stock market index variations were explained by selected macroeconomic factors.
A multiple linear regression model was employed to analyze the relationship between variables over a 20-year period.
The research highlights the strong negative impact of interest rates on stock market performance, suggesting potential investor challenges.

Muyanga et al. (2025) studied this question.

View Full Paper

Ask AI

Bookmark