Home  Journals  Finance and Credit  46(574) - 2013 December

Influence of price of oil on stock markets of the countries of BRICS

Available online: 23 December 2013

Subject Heading: Stock market

JEL Classification: 

In the article by means of the econometric analysis influence of price of oil and world oil production on behavior of stock markets of the countries of BRICS is considered. As a result of research it was revealed that price of oil influences share indexes of BRICS, and world oil production is almost neutral in relation to these markets.

Keywords: BRICS countries, stock markets, price of oil, econometric analysis

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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