Makroekonominių veiksnių poveikis akcijų rinkos kainoms ekonomikos pokyčių kontekste

Abstract

The main macroeconomic factors are presented in the article. The break-even points of economic changes are set in order to determine the impact of macroeconomic factors on OMX Vilnius index. The most influential factors have been highlighted using correlation and regression analysis. The correlation analysis showed that the strongest direct relation is between OMX Vilnius Index and foreign direct investments both in the economic boom and recession period. Regression analysis shows that the gross domestic product, the producer price index, foreign direct investment and national budget income had strongest impact on stock market prices in the economic boom. Export, import, consumer price index had strongest impact on stock market prices in the economic recession period.