Factors affecting stock price: Evidence from commercial banks in the developing market

This study aims to investigate the impact of microeconomic and macroeconomic factors on market price per share using panel data from 13 listed Jordanian commercial banks during period 2010–2021. Based a level firm-specific variables are earnings (EPS), dividend (DPS), price-earnings ratio (PE), book value (BV), return assets (ROA), size (S). Similarly, gross domestic product (GDP), inflation (INF), money supply (MS) were chosen as independent for macroeconomics whereas company’s dependent variable is (MPS). Earnings most internal external affecting (Arshad, Arshaad, Yousaf, & Jamil, 2015). paper has investigated influence bank-specific multiple regression models. results, coefficient EPS positive at 1% significance. implying that greater EPS, higher MPS. The same impacts DPS, ROA, S considered major predictors stock prices in Jordan. Volume was discovered be important determining impacting among factors. indicates bigger capitalization, price. Major include such GDP MS.