"stock exchange can also change or modify the variance and prices of the stock.But no such analysis is done in the present research which can illustrate the comovement of the different stock exchange with LSE. ? Researcher has utilized time series data of the last 1722 days observation fromthe stock market, but in the LSE there are approximately more than 2000organisation are listed. The variability of the market capitalization and stockprices are not discussed in details in either of the analysis mentioned inchapter-4. No such analysis is pursued in the present research which candemonstrate which factors is most significantly controlling theoperation costand how the movement of the cost rend can impact the overall price ofdifferent stock. Therefore the analysts who can continually make a superiorevaluation of the different political and economic forces on share prices arecapable to get higher returns from the market. 5.4 RecommendationAs the trend of LSE demonstrates that active management of the assest andefficient market situation are not contemporary with each other. In fact that theactive assest management is inconsistent with the efficient markets seems to beheavily premised on the assumption that assest manager of the firm try to predictthe future prices and beat the market. But as mentioned in the chapter-3, modernportfolio theory acknowledges that price can move up as much as it can drop, somanagers do not necessarily likely to predict the future prices but should constructa well diversified portfolio that can be hedged against risk. Therefore it is quiteobvious that each and every manager should pounce on every bit of information64 that it can help them for better estimation of the stock prices. But on obviousreason it is unjustified to give adequate thrust to the assest management ratherthan concentrating on the stock prices or concentrating on the overvalue andundervalue securities. It is really interesting to note that most of the interpretationsare based on certain assumptions which are not critically assessed on the basis ofcertain business model. The Management information system needs to formulateand execute the appropriate cost management technique so that in future as anorganisation LSE able to examine each cost component more efficiently. 5.5 Future implication of the research Further research can be taken towards the direction of causality of this integration.Also economic fundamentals can be incorporated to find the impact on domesticeconomy because of these recessionary co-movements of stock markets. Most ofthe research on market efficiency based on the statistical or econometric analysisattempt to investigate the dependence in return. 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