MICRO AND MACROECONOMIC DETERMINANTS OF OIL STOCK PRICES ON ROMANIAN CAPITAL MARKET

Anamaria Ciobanu () and Sorina Bratu
Additional contact information
Sorina Bratu: Economist, Impact Developer &Contractor

Theoretical and Applied Economics, 2008, vol. 11(528)(supplement), issue 11(528)(supplement), 327-334

Abstract: The purpose of the present study was to investigate whether the main fundamental and macroeconomic factors can explain oil stock performance on Romanian market for the period of March 2001 to March 2007. This paper focuses on the main economic factors that could affect stock price movement and can contribute in predicting future stock values. Generally, the results are consistent with the belief that changes in companies’ fundamentals and macroeconomic aggregates are likely to affect stock prices.

Keywords: value relevance of micro and macroeconomic indicators; investment decision; oil stock prices. (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.asociatiaeconomistilor.ro/documente/Conferinta_FABBV_engleza.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:11(528)(supplement):y:2008:i:11(528)(supplement):p:327-334

Access Statistics for this article

Theoretical and Applied Economics is currently edited by Mircea Dinu

More articles in Theoretical and Applied Economics from Asociatia Generala a Economistilor din Romania / Editura Economica Contact information at EDIRC.
Bibliographic data for series maintained by Mircea Dinu ().