摘要：The objective of this study is to make an analysis of volatility of stock markets between South Asian Stock Markets and Stock Markets of Group of Eight Countries. For this purpose, three major South Asian countries Pakistan, India and Sri Lanka are selected while Group of Eight Countries include France, Russia, Canada, Germany, Italy, Japan, UK and USA. The stock indexes include KSE 100 (Pakistan), SENSEX (India), ASPI (Sri Lanka), CAC 40 (France), DAX (Germany), S &P / TSX Composite (Canada), FTSE MIB (Italy), RTS (Russia), Nikkei 225 (Japan), S & P 500 (USA) and FTSE 100 (UK). Data is collected from the period of January 1st 2005 to August 31st 2015. ARCH and GARCH model is used to analyze the volatility of South Asian Stock Markets and stock markets of Group of Eight Countries. The findings show that South Asian Stock Markets are less volatile while Stock Markets of Group of Eight Countries are high volatile. This study is helpful for investors and decision maker to handle the trend of stock market and provide a direction for investors to reduce the barrier factors which affect stock market efficiency.
