Abstract:
The intention of this paper is to examine the changes in Inflation, World and Pakistani oil
prices on the stock prices of oil and gas companies in Pakistan. Special attention has been
given to the affects of World Oil Prices (WOP), Oil prices of Pakistan and Inflation on
the performance of the stocks in the Stock exchange, the Volume traded during the period
under study has also been highlighted. Through the implementation of Covariance and
Ordinary least square method (OLS), the correlation of the variables and their impact on
the stock market is determined, implying that Oil prices and Inflation have a negative
correlation with the Stock Prices of Oil and Gas companies in Pakistan.
