出版社:Mediterranean Center of Social and Educational Research (MCSER)
摘要:This paper explains the performance of the textile sector and its impact on the market prices for the last five years. Textile sector is an important sector for the economy of Pakistan due to its employment potential, availability of raw material and foreign exchange earnings but this sector is not contributing its required role in the economy since the last five years. Why textile industry has lost its share in exports and fails to maintain its position in the economy. Reasons are discussed and explained by building the statistical relationship between the performance of the companies and their market prices. Although there are many internal and external factors for measuring the performance of the company, but in this research article only EPS (Earning per Share) and Book Value of shares are taken as a performance measurement tools. The efficient market hypothesis is used as an evidence to explain the relationship between the stock market prices and performance of the textile industry. The sample of twenty companies are taken from textile industry and by using the SPSS software the relationship between the performance of the companies and their market prices are explained in the meaningful way. These results are helpful in explaining, how performance of the textile industry affects their market prices of shares in the stock market.