{"title":"The Impact of Growth in Real Estate Activities on Stock Returns and the Banking Sector in The Gulf Cooperation Council","authors":"Ahmed S. Alanazi, B. Alsubaiei","doi":"10.37575/h/mng/220018","DOIUrl":null,"url":null,"abstract":"This research studied the impact growth in real estate activities has on the return of the stock markets and banking sectors in the Gulf Cooperation Council countries (GCC). The study applied multivariate regressions to analyze yearly indices return data from 2010 to 2020. The results indicated a positive relationship between the growth in real estate activities and the return of both the stock markets and banking sectors in the GCC countries. Furthermore, the study also discovered a positive correlation between the returns of the stock markets and the banking sectors. Finally, the results of this study are expected to be of interest to researchers who are interested in examining the impact of the real estate sector on stock market returns, as well as to dealers in the financial markets, including investors and legislators, who should monitor the real estate sector to better forecast the returns of the stock market. These results also indicate the importance of adopting growth in real estate activities as a significant economic factor that affects both the stock market and the banking sector.","PeriodicalId":39024,"journal":{"name":"Scientific Journal of King Faisal University","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Scientific Journal of King Faisal University","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.37575/h/mng/220018","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Multidisciplinary","Score":null,"Total":0}
引用次数: 0
Abstract
This research studied the impact growth in real estate activities has on the return of the stock markets and banking sectors in the Gulf Cooperation Council countries (GCC). The study applied multivariate regressions to analyze yearly indices return data from 2010 to 2020. The results indicated a positive relationship between the growth in real estate activities and the return of both the stock markets and banking sectors in the GCC countries. Furthermore, the study also discovered a positive correlation between the returns of the stock markets and the banking sectors. Finally, the results of this study are expected to be of interest to researchers who are interested in examining the impact of the real estate sector on stock market returns, as well as to dealers in the financial markets, including investors and legislators, who should monitor the real estate sector to better forecast the returns of the stock market. These results also indicate the importance of adopting growth in real estate activities as a significant economic factor that affects both the stock market and the banking sector.
期刊介绍:
The scientific Journal of King Faisal University is a biannual refereed scientific journal issued under the guidance of the University Scientific Council. The journal also publishes special and supplementary issues when needed. The first volume was published on 1420H-2000G. The journal publishes two separate issues: Humanities and Management Sciences issue, classified in the Arab Impact Factor index, and Basic and Applied Sciences issue, on June and December, and indexed in (CABI) and (SCOPUS) international databases.