Return

The arrival of public information and asset price behavior in emerging markets: evidence from stock market in Pakistan

Khalid Mustafa and Mohammed Nishat
Savings and Development Vol. 36(2012), No. 1, pp. 1-24

This study investigates the role of public information on stock market activity and asset return using daily data for the period January 2006 - July 2011. The role of information dissemination related to Semi-strong form of efficiency is tested. [...]

Article Full Text

Risk, return and trading volume relationship in an emerging stock market: a case study of Karachi stock exchange

Khalid Mustafa and Mohammed Nishat
Savings and Development Vol. 34(2010), No. 2, pp. 147-168

The paper determines the empirical relationship between risk, return and trading volume in the Karachi Stock Exchange (KSE) using the GARCH-M technique, and data for the time period December 1991 to December 2010. The paper contributes by [...]

Article Full Text