Examining Causal Relationship between Saudi Stock Market (TASI) and US Stock Markets Indices | Asian

The purpose of this study is to see if there is a causal link between Saudi stock market indices and US stock market indices. Saudi Arabia is America's largest trade partner in the world, and the most generally used indices in the US are Dow Jones Industrial Average and S&P 500. The presence of a link has been investigated using a variety of ways. The Johansen technique to integration, on the other hand, is regarded a more trustworthy method than other standard integration procedures; it is more resilient and works better for large sample sizes, and the findings suggest that the null hypothesis of no link cannot be accepted. This shows that the SAUDI and the US stock markets have a long-term link.

Please see the link :- https://globalpresshub.com/index.php/AJEFM/article/view/799