Impact of Environmental Fluctuations on Stock Markets: Empirical Evidence from South Asia

Table 5

ARCH family regression.

Sample: 30 Jan 13 to 14 Jun 21 but with gaps			No. of observations = 1453
Distribution: Gaussian			Prob > chi2 = 0.0000
OIL WTI	Coef.	Std. Err.	Z	P>|z|	[95% conf. Interval]
OILWTI	—
DSE-30	0.062	0.044	1.41	0.160	0.0245	0.1491
KSE-100	0.359	0.042	8.41	0.000	0.2759	0.4438
BSE-100	0.654	0.051	12.72	0.000	0.5533	0.7549
-cons	−0.0004	0.0005	−0.68	0.495	−0.0015	0.0007
ARCH	0.8013	0.046	17.42	0.000	0.711	0.891
L1.
GARCH
L1.	0.1056	0.0324	3.26	0.001	0.0421	0.169
−cons	0.0002	0.00002	9.21	0.000	0.0002	0.0003