assessment and analysis of stock market integration among the countries of the d8 group

The d8 group pursues different goals, and one of the mostimportant ones is in the field of economy and economicdevelopment of the member countries. the present studythoroughly assesses financial integration and its effective variants.due to the relatively low physical capital interruption and the moreintrinsic consumption fluctuations, developing economies benefitfrom financial integration. four criteria have been used to assess thefinancial integration among the d8 group: foreign assets, foreigndebts, volume criteria, and investment criteria. the data is based oneviews software, and the least-squares method (egls) for 2000-2019 has been analyzed. the present study results confirm theeffect of financial development and international trade integrationon financial integration, and between the two, based on theestimated model coefficients, the impact of international tradeintegration on financial integration is more significant. also, amongthe three criteria of financial development, the development of thebanking sector is not a good measure of the financial developmentin countries and has less of an impact on d8 group's financialintegration.