The Role of Financial Credits, Financial Deposits and Economic Factors on the Stock Trading of ASEAN Countries

Abstract

Recently, financial and economic conditions have been affected due to the environmental uncertainty that increased the stock price fluctuation. This aspect requires recent studies and experience regulators’ emphasis. Hence, the current research examines the impact of financial credits, financial deposits, and economic factors such as economic growth (EG), industrialization and employment rate on the stock trading in ASEAN countries. The researchers extracted the secondary data from the World Development Indicators (WDI) database from 2009 to 2020. The research also checks the connection among understudy constructs using the Methods of the Moments-Quantile-Regression (MMQR) approach. The outcomes revealed that the financial credits, financial deposits EG, industrialization, and employment rate have a positive linkage with stock trading in ASEAN countries. The research provides guidelines to the regulators in making regulations related to improving stock trading using understudy effective financial and economic factors.