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The effects that sentiment in the SARB’s MPC narrative has on changes in the share prices of selected JSE-listed real-estate sector companies
Mini Dissertation (MBA)--University of Pretoria, 2021.
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| Format: | Thesis |
| Language: | English |
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University of Pretoria
2022
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| _version_ | 1867613595118862336 |
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| access_status_str | Open Access |
| author2 | Macleod, Ian |
| author_browse | Macleod, Ian |
| author_facet | Macleod, Ian |
| collection | Thesis |
| dc_rights_str_mv | © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
| description | Mini Dissertation (MBA)--University of Pretoria, 2021. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/85312 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:38:38.583Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2022 |
| publishDateRange | 2022 |
| publishDateSort | 2022 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/85312 The effects that sentiment in the SARB’s MPC narrative has on changes in the share prices of selected JSE-listed real-estate sector companies Macleod, Ian Malik, Arshed Nabeel UCTD Mini Dissertation (MBA)--University of Pretoria, 2021. Narratives are motive-laden stories that human beings tell to create impressions in the listener’s mind. Due to their contagiousness, narratives may influence the thinking and decision-making of a large number of people in society. Both individuals and institutions use narratives to induce favourable behaviour in the target population with respect to their own objectives. Central banks use narratives to affect market participants’ understanding of the economy. The literature review revealed that market participants pay attention to the central bank’s narratives to form their future expectations. The purpose of this study was to explain the effects that the SARB narrative sentiment, as disseminated though the MPC’s statements, has on the property equity market. The interest rate announcement in the MPC statements was employed as a moderator variable in the research and its effect was measured along with the sentiment present in the narrative. The results showed that the relationship between the chosen variables was of inverse nature but there was no evidence of strong correlation. The inclusion of interest rate announcement was found to be increasing the strength of correlation between independent and dependent variable. zl22 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2022-05-17T11:20:05Z 2022-05-17T11:20:05Z 2022/04/07 2021 Mini Dissertation * https://repository.up.ac.za/handle/2263/85312 en © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD The effects that sentiment in the SARB’s MPC narrative has on changes in the share prices of selected JSE-listed real-estate sector companies |
| title | The effects that sentiment in the SARB’s MPC narrative has on changes in the share prices of selected JSE-listed real-estate sector companies |
| title_full | The effects that sentiment in the SARB’s MPC narrative has on changes in the share prices of selected JSE-listed real-estate sector companies |
| title_fullStr | The effects that sentiment in the SARB’s MPC narrative has on changes in the share prices of selected JSE-listed real-estate sector companies |
| title_full_unstemmed | The effects that sentiment in the SARB’s MPC narrative has on changes in the share prices of selected JSE-listed real-estate sector companies |
| title_short | The effects that sentiment in the SARB’s MPC narrative has on changes in the share prices of selected JSE-listed real-estate sector companies |
| title_sort | effects that sentiment in the sarb s mpc narrative has on changes in the share prices of selected jse listed real estate sector companies |
| topic | UCTD |
| url | https://repository.up.ac.za/handle/2263/85312 |