Interactions between oil prices and financial sectors’ performances: empirical evidence from Amman Stock Exchange

被引:0
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作者
Salih Katircioğlu
Mansour M. H. Alkhazaleh
Setareh Katircioglu
机构
[1] Eastern Mediterranean University,Department of Banking and Finance
[2] University of Kyrenia,Department of Banking and Finance
关键词
Financial performance; Financial sector; Oil prices; VAR; Amman Stock Exchange;
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摘要
The present study searches the effects of international oil prices on the performance of financial sector firms in the Amman Stock Exchange (ASE). Using the daily data which range from July 3, 2006 to April 12, 2018, we found that financial performance of the ASE firms is downturn during this data period and oil prices do not impact on these performances. It is found that downward movement of financial performances in the ASE is totally independent of the movements in international oil prices.
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页码:33702 / 33708
页数:6
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