Abstract
Financial markets could be money or capital markets. The commodities traded on these markets are financial instruments as equities. In Nigeria most quoted companies release their share prices on daily basis. The prices of equities fluctuate as a result of changes in the macro environment of the market from time to time. What are these environmental variables that affect the fluctuation of share prices in Nigeria? The objective of the research is the examination of macroeconomic variables that are responsible for share price fluctuation in Nigeria.Secondary data of Nigerian stock market share prices covering between 1980-2006 were used. Multiple regression was used to analyse the data. The results show inflation, money supply, total deficits index of industrial production, interest rate and GDP influence stock prices. It is recommended that in order to monitor and control stock prices in Nigeria through macroeconomic variables, emphasis should be given to money supply, GDP, and total deficits.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
