Diversification Potential Among the N-10 Countries: An Empirical Investigation

Emerging nations like Indonesia, South Korea, Bangladesh, Egypt, Mexico, Nigeria, Pakistan, Turkey, the Philippines, Iran and Vietnam have developing stock markets which may offer ample opportunities to investors for their portfolio returns. The emerging next ten countries (N-10) in present paper been explored diversification investors. study has incorporated eight years’ (2013-2020) time series data N-10 countries’ market indices. Portfolio strategies between Pakistan other indicated as per findings of Granger causality, Johansen Cointegration techniques, VECM Wald test. unidirectional bidirectional linkages analysis shown fewer possibilities Bangladesh Egypt with benefits. Thus, utilise planning among these markets.