India

0.01171*

0.3589*

−0.7735*

27.93

(66.517)

(19.513)

(−2.875)

Japan

0.0111*

0.2056*

0.1099

20.06

(70.2664)

(13.646)

(0.535)

Malaysia

0.0072*

0.4258*

0.9334*

99.69

(76.74)

(35.78)

(110.01)

New Zealand

0.01104*

0.8285*

11.38*

70.26

(89.28)

(32.58)

(21.31)

Singapore

0.0089*

0.39*

−0.4481

31.39

(57.418)

(17.411)

(−0.981)

South Korea

0.01604*

0.0683*

7.6394*

51.05

(85.7)

(3.521)

(26.819)

Taiwan

0.01286*

0.3077*

0.6063

28.55

(76.146)

(12.669)

(1.102)

African Markets

Egypt

0.0167*

−0.0298*

14.487*

50.26

(32.64)

(−6.36)

(21.09)

Kenya

0.0182*

1.0358*

−0.0894*

70.12

(16.97)

(32.76)

(−11.34)

Mauritius

0.0043*

1.1672*

−6.8322*

64.77

(36.44)

(42.84)

(−8.85)

Nigeria

0.0204*

0.837*

0.3222*

69.97

(14.801)

(24.722)

(4.239)

South Africa

0.01171*

0.3589*

−0.7735*

27.93

(68.517)

(19.513)

(−2.875)

Middle-East Markets

Abu Dhabi

0.0205*

1.0362*

−0.8632*

63.83

(10.985)

(18.79)

(−4.675)

Bahrain

0.01735*

0.4813*

1.1788*

59.59

(10.547)

(8.565)

(5.991)

Qatar

0.0108*

0.6746*

−0.5256*

72.28

(8.786)

(21.878)

(−7.179)

Saudi Arabia

0.0217*

0.5216*

−0.0124

68.00

(13.213)

(21.472)

(−0.586)

UAE

0.0096*

0.3885*

1.1043

38.34

(21.128)

(8.435)

(1.746)