Determinants of Stock Market Performance in Zambia

For economic development to take place, there are many components involved. Investment is a key component. The existence of stock markets has played a pivotal role in the raising of capital for companies. Therefore the performance of stock markets has been seen to be of significance. The stock Market in Zambia has been seen to fluctuate over the years. It has been noted that macroeconomic variables impact stock market performance. In this research it has been arrived at Interest rates and exchange rates have are indirectly proportional to stock market performance as money supply, GDP and Index of Industry performance have a direct relationship.