Research Article

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 gapsNo. of observations = 1453
Distribution: GaussianProb > chi2 = 0.0000
OIL WTICoef.Std. Err.ZP>|z|[95% conf. Interval]

OILWTI
DSE-300.0620.0441.410.1600.02450.1491
KSE-1000.3590.0428.410.0000.27590.4438
BSE-1000.6540.05112.720.0000.55330.7549
-cons−0.00040.0005−0.680.495−0.00150.0007
ARCH0.80130.04617.420.0000.7110.891
L1.
GARCH
L1.0.10560.03243.260.0010.04210.169
−cons0.00020.000029.210.0000.00020.0003