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This study is aimed to explore the relationship between country rating and volatility of Karachi Stock Exchange for the period 1999 to 2012. This study employs daily data of country ratings and stock market returns to investigate influence of rating on volatility of market. Univariate Asymmetric...
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stock returns during 2/20/2009-3/11/2011 during which the events happened in Pakistan. This paper is evaluating the … political events (attack on Sri Lankan cricket team, restoration of C.J. Ashura attack, Pakistan temporarily suspends NATO …
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empirical results, we suggest that there are low diversification opportunities for investors in Pakistan. …
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