College of Administration and Economics

The Department of Banking and Financial Sciences at the College of Administration and Economics, University of Mosul, discussed the research of the higher diploma tagged “Global oil price fluctuations and their impact on stock markets, a study in a sample of Arab oil countries”.

The current study… Which was submitted by the student “Rahma Suleiman Daoud” in the Department of Banking and Financial Sciences to: Review the supporting theoretical and experimental frameworks and provide a comprehensive vision to interpret and analyze the mechanisms and channels through which fluctuations in global oil prices and their impact on stock markets can be practiced, leading to the foresight of an experimental quantitative model to diagnose the type, value and direction of effects that can be exercised by fluctuations in global oil prices (OIL) represented by the Brent oil price index in the global stock markets represented by the return of shares (MR) based on the general index.

The study reached conclusions, the most important of which are: that oil prices are the main engine of returns for the market of the Arab oil-producing countries: Saudi Arabia, Kuwait and Iraq, where oil prices play a crucial role in determining the returns of the stock market in those countries, which clearly shows the extent of the relative dependence of the economies of these countries on oil as a source of revenue.

The discussion committee was headed by Assistant Professor Dr. Aws Fakhr Al-Din Ayoub, and the membership of Assistant Professor Dr. Harith Ghazi Dhanoun, and the membership and supervision of Prof. Dr. Bashar Ahmed Al-Iraqi.