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Register a new userThe Effect of Inflation on Stock Returns by Applying on Damascus Stock Exchange
أثر التضخم على عوائد الأسهم بالتطبيق على سوق دمشق المالية
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رشا حمدوش( باحث )
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تعد أوضاع سوق الأوراق المالية مرآة عاكسة للوضع الاقتصادي العام في البلاد ، و استقرار هذه الأسواق مقياساً لمدى نجاح السياسة الاقتصادية العامة للدولة، و من ثم تكون محاولة فهم تقلبات أسعار الأوراق المالية و علاقتها بالعوامل الاقتصادية و المالية و النقدية و الأزمات المالية. حيث تناول هذا البحث أثر التضخم على عائد مؤشر سوق دمشق المالية، و تم جمع البيانات الشهرية لمعدل التضخم و مؤشر سوق دمشق للأوراق المالية للفترة ما بين عامي ( 2010-2013 ). و توصلت الباحثة إلى وجود علاقة ارتباط إيجابية ضعيفة و لكنها غير دالة إحصائيا لمعدل التضخم على عائد المؤشر في سوق دمشق المالية خلال الفترة المدروسة.
The stock market conditions are a mirror reflecting the general economic situation in the country ,and the stability of these markets measure of the general economic policy of the country of success ,and then be trying to understand the fluctuations in stock prices and their relationship to economic ,financial and monetary factors and financial crises. The research examines the effect of inflation on the returns of index in Damascus Stock Exchange (DSE),the monthly data for the rate of inflation for the Damascus market indices has been collected during the period (2010-2013). The researcher concluded that there is a weak positive relationship but insignificant for inflation rate on the return of market index in( DSE) during the study period.
References used
Vithessonthi , Chaiporn.2011, The Impact of Monetary Policy Decisions on Stock Returns: The Case of Thailand , Mahasarakham Business School, Mahasarakham University, Thailand
Tripathi ; Arnav.2014, Relationship between Inflation and Stock Returns – Evidence from BRICS markets using Panel Co integration Test. International Journal of Accounting and Financial Reporting ISSN 2162-3082
Boucher;Christophe.2004, Stock Prices, Inflation and Stock Returns Predictability . CEPN Université Paris-Nord
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This study sought to investigate the effect of price limits on the
volatility of stock returns on the Damascus Stock Exchange. Where
the study period divided into two periods the first test period
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Exchange, and Volatility of stock returns monthly in that market, during t
he period 1-1-
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to explain the reasons for fluctuations in trading volume market or when predicting.
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