The research paper was aimed to find the integration between Karachi Stock Exchange and Bombay Stock Exchange. A daily data of stock prices from Nov 2009 to Dec 2012 has been obtained and their geometric returns are calculated as mentioned in Ahmad and Husain (2007). Stock returns were found...

This current study is aimed at investigation of a relationship between two important segments of investor expectations relating to cash dividends' policy and wealth of shareholders. A number of research attempts have still to find an exact relationship. This study relies on a data that is...

The study examines the relationships between the KSE100 index and a set of macroeconomic variables over sampling period in January 1999 to June 2008. Co-integration, Granger causality and error correction tests were used to analyze the relationship between stock prices (KSE100 index) and...