Inflation and stock market volatility in Kenya

Please note that Internet Explorer version 8. Please refer to this blog post for more information. With globalization, an understanding of country risk political risk PRfinancial risk FRand economic risk ER and its impact on stock market return volatility and predictability is important for evaluating direct investment and country selection decisions in globally and regionally diversified portfolios.

This paper examines these issues in the context of the Middle East and Africa MEAF and analyzes 10 stock markets in the region over the period — After examining volatility and predictability, this paper explains how portfolios of stocks can be formed from these countries in order to achieve mean—variance efficient portfolios. This paper generally finds that country political, financial and economic risks significantly determine stock volatility and predictability.

The diversification exercise shows that an international investor can still benefit by diversifying into the stock markets of Stock market volatility in kenya East and African countries.

Journals Books Register Sign in Sign in using your ScienceDirect credentials Username. Forgotten username or forex megadroid 2015 Sign in via your institution OpenAthens Other institution Recent Institutions.

Sign in using your ScienceDirect credentials Username. JavaScript is disabled on your browser. Please enable JavaScript to use all the features on this page.

Request a copy of the document

Economic Systems Volume 27, Issue 1MarchPages Country risk and stock market volatility, predictability, binary options trading strategies discussion diversification in the Middle East and Africa. Author links open the author workspace.

Money A2Z

Opens the author workspace Opens the author workspace a. Numbers and letters correspond to the affiliation list. Click to expose these in author workspace Neal C.

Click to expose these in author workspace Hassan Monir El-Sady. Click to expose these in author workspace Ahmad Telfah. Click to expose these in author workspace a Department of Economics and Finance, University of New Orleans, New Orleans, LAUSA b Cairo University, Cairo, Egypt c Rutgers University, Camden, NJ, USA.

Abstract With globalization, an understanding of country risk political risk PRfinancial risk FRand economic risk ER and its impact on stock market return volatility and predictability is important for evaluating direct investment and country selection decisions in globally and regionally diversified portfolios.

Check if you have access through your login credentials or your institution. Elsevier About ScienceDirect Remote access Shopping cart Contact and support Terms and conditions Privacy policy. Cookies are used by this site.

For more information, visit the cookies page.