What Drives Stock Market Development in Arab Countries?

The number of listed companies and the scale of the stock market capitalization have increased dramatically in recent decades on Arab stock exchanges. In light of this remarkable growth, the aim of this research is to determine the most significant determinants and economic factors influencing this progress from 2006 to 2017. Using panel data models, we discovered that trade openness, market liquidity, money supply, and economic growth all have positive effects on stock market development, while the global financial crisis has a negative effect.To encourage the creation of Arab stock markets, steps to boost market liquidity, manage the money supply, and maintain a balanced economic growth rate should be taken based on these findings. These results are used to make policy decisions.

Please see the link :- https://globalpresshub.com/index.php/AJEFM/article/view/942