DSpace Repository

Lending Rate, Deposit rate and Stock Prices: Evidence from Colombo Stock Exchange.

Show simple item record

dc.contributor.author Koperunthevy, K.
dc.contributor.author Vijayarani, K.
dc.date.accessioned 2021-06-29T09:03:39Z
dc.date.accessioned 2022-06-27T04:30:31Z
dc.date.available 2021-06-29T09:03:39Z
dc.date.available 2022-06-27T04:30:31Z
dc.date.issued 2012
dc.identifier.uri http://repo.lib.jfn.ac.lk/ujrr/handle/123456789/3036
dc.description.abstract The Bank interest rate variables have strong influence on stock market activities. The Colombo Stock Exchange (CSE) shows a rapid growth in recent years and All Share Price Index (ASPI) and Milanka Price Index (MIP) are the evidence for that. Therefore, this study attempts to identify the impact of long –term lending rate, one- year maturity fixed deposit rate on ASPI and MPI of CSE with a monthly observation from January 2005 to October 2011. The Augmented Dickey – Fuller Unit Root test proves that there is no serial correlation among variables. The Mulicollinearity by Variance Inflation Factor (VIF) supported for the regression analysis. The regression results suggest that interest rate variation 21% on ASPI and 21% on MPI, and the F values are significant at 1% level. Therefore, the study concludes that the lending and deposit rates have impact on stock prices indices. en_US
dc.language.iso en en_US
dc.publisher Adaikalamatha Institute of Management, India en_US
dc.subject Lending rate en_US
dc.subject Deposit rate en_US
dc.subject ASPI en_US
dc.subject MPI en_US
dc.subject CSE en_US
dc.title Lending Rate, Deposit rate and Stock Prices: Evidence from Colombo Stock Exchange. en_US
dc.type Article en_US


Files in this item

This item appears in the following Collection(s)

Show simple item record