Stock market

Stock return volatility, global financial crisis and the monthly seasonal effect on the Nigerian stock exchange

Rufus Ayodeji Olowe
African Review of Money Finance and Banking 2009, pp. 73-107

This paper investigated the monthly seasonal effect in the Nigerian stock market using the EGARCH-in-mean model in the light of banking reforms, insurance reform, stock market crash and the global financial crisis using daily returns over the period [...]

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Financial markets: the recent experience of a developing economy

Mustafa Hassan Mohammad Adam
Savings and Development Vol. 33(2009), No. 1, pp. 27-40

The financial sector plays a crucial role in economic growth; it allows an efficient transfer of resources from those who save to those who invest. This sector comprises financial institutions, markets and instruments. This study highlights the fact [...]

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Macroeconomic variables and stock returns in Malaysia: an application of the ARDL bound testing approach

Rosylin Mohd. Yusof and M. Shabri Abd. Majid
Savings and Development Vol. 31(2007), No. 4, pp. 449-469

The study seeks to explore the extent to which macroeconomic variables affect the stock market behavior in the emerging market of Malaysia in the post 1997 financial crisis period, using the latest time series econometrics technique to test for [...]

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