Macroeconomic Factors and Stock Price Volatility at Nairobi Securities Exchange
Fredrick Kinoti Kima,
Tobias Olweny,
Timothy Okech
Abstract:The stock price volatility has been a problem in stock markets affecting the stock returns of firms listed at Nairobi Securities Exchange (NSE). Although some scholars have focused on the issue of high share price volatility, the issue persists and still hinders the development of the market. This study main objective is to determine the effects of macroeconomic factors on volatility of stock prices of stock market in Kenya. The specific objectives are; to establish the effects of inflation on stock prices of … Show more
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