The paper empirically examines the links among the stock market indices of GCC countries, and between the GCC as an economic block and six selected advanced markets (UK, USA, China, France, Japan and Australia). The methodologies adopted are simple and well accepted approaches to measure the stock markets linkages. We used cointegration methodologies to explore their interdependencies. We also con...
The paper empirically examines the links among the stock market indices of GCC countries, and between the GCC as an economic block and six selected advanced markets (UK, USA, China, France, Japan and Australia). The methodologies adopted are simple and well accepted approaches to measure the stock markets linkages. We used cointegration methodologies to explore their interdependencies. We also con...