Areas of stock markets integration in Islamic countries

Financial Liberalization and Stock Markets Integration for Asean-5 Countries

This paper examines the relationship of financial liberalization and stock markets integration among ASEAN-5 (Note 1) stock markets: Indonesia, Malaysia, the Philippines, Singapore and Thailand. Three sample periods are covered based on the progress of financial liberalization. By using Johansen and Juselius multivariate cointegration procedures, Granger-causality tests and variances decomposit...

Possibility of Trade Integration among Selected Islamic Countries

The Effect of Derivative Instruments on the Contagion of Stock Markets in Developing Countries

The 2008 Great Financial Crisis increased the fluctuations in the stock market in the US and other countries that were linked together through various channels. In this regard, derivative instruments, as one of the main elements of the world's financial markets, had an essential role in reducing the stock market fluctuations and contagion of the crisis. The primary purpose of this study is to e...

Theory and Evidence..... Regional Integration of Stock Markets in Asia Pacific Countries by

Co-Movement of Pakistan Stock Market with the Stock Markets of Major Developed Countries which have Portfolio Investment in Pakistan

The focal objective of this study is to analyze and explore the Co-movement of Pakistan stock market (KSE-100) with the stock market of developed countries (US, UK, Canada, Australia, Germany, Japan, France and Neither land) which have portfolio investment in Pakistan by applying co-integration approach using Johansen and Juselius multivariate and bi variate co-integration. Secondary data of st...