International Journal of Computational and Applied Mathematics & Computer Science
E-ISSN: 2769-2477
Volume 4, 2024
The Impact of the Textile Sector on the Pakistan Stock Exchange
Authors: , , , , ,
Abstract: This research paper aimed to examine what impact does the textile industry has on the Pakistan Stock Exchange (PSX). In Pakistan’s economy, the textile industry holds a very significant position and this sector is regarded as one of the country’s largest and most vital sectors. This research study has aimed to examine the correlation between textile firms’ performance and the stock market, focusing on the PSX particularly. We have opted quantitative research approach after gathering the secondary data from the PSX and all financial reports of textile companies listed on the exchange. To assess the performance and influence of the textile industry on the stock market, various financial indicators such as trading volume, stock price, financial ratios and market capitalization are employed. The research tends to investigate the correlation between the textile industry indicators and stock market performance which is done through statistical analysis and regression models. The core objective of this study aims to shed light on the extent to which the textile industry affects investors sentiments, market trends, and market volatility. Furthermore, considering factors such as government policies, exports, global market trends, and foreign investment, the research explores the mechanism through which it affects the textile industry and PSX. This study also examines the interplay between the textile industry and other sectors within the stock exchange, finding potential spill-over effects and interdependencies.
Search Articles
Keywords: Textile industry, Pakistan Stock Exchange, economic impact, stock market performance, value chain, government policies, global market dynamics, investor attitude, market stability
Pages: 101-111
DOI: 10.37394/232028.2024.4.11