This paper identifies the joint effect that multiple factors exert on share prices in Karachi Stock Exchange (KSE), using annual balance sheet data of listed firms during 1981 to 2000. Out of six theory-suggested fundamental variables (divident yield, payout ratio, size, asset growth, leverage,...

The important feature of the development of Karachi Stock Market over the last 10 years has been the growing participation of institutional investors. This paper is focusing on the importance of institutional investors in stock market, specially their entrance in stock exchange. In this paper we...

This study describes the behavior of the Karachi Stock Exchange (KSE) regarding the movement of share prices of the companies listed at KSE-100 Index as well as how the share price at KSE follows Random Walk. Moreover, this study pinpoints that the prices of the securities are co-integrated and...