Because　of　the　acceleration　in　marketization　and　globalization,　stock　markets　in　the　BRICS　(Brazil,　Russia,　India,　China,　and　South　Africa)　countries　are　affected　by　various　global　factors,　for　example,　oil　prices,　gold　prices,　global　stock　market　volatility,　global　economic　policy　un-certainty,　financial　stress,　and　investor　sentiment.　This　paper　offers　new　insights　into　the　short　-and　long-run　linkages　between　global　factors　and　BRICS　stock　markets　by　applying　the　quantile　autoregressive　distributed　lags　(QARDL)　approach.　This　novel　methodology　enables　us　to　test　short-and　long-run　linkages　accounting　for　distributional　asymmetry.　That　is,　the　nonlinear　dynamic　relationship　between　the　global　factors　and　BRICS　stock　prices　depends　on　market　conditions.　Our　empirical　results　show　that　the　effects　of　gold　prices　and　global　stock　market　volatility　on　BRICS　stock　prices　are　more　significant　in　the　long　run　than　in　the　short　run.　A　decrease　in　global　stock　market　volatility　is　associated　with　higher　stock　prices,　while　gold　prices　demonstrate　upward　co-movement　in　dynamic　correlations　with　stock　markets.　Irrational　factors,　such　as　economic　policy　uncertainty,　financial　stress,　and　investor　sentiment,　play　a　critical　role　in　the　short　term,　and　negative　interdependence　is　dominant.　Finally,　the　rolling-window　esti-mation　technique　is　used　to　examine　time-varying　patterns　between　major　global　factors　and　BRICS　stock　markets.　&　COPY;　2022　Elsevier　B.V.　All　rights　reserved.