Do conventional and Islamic stock markets subject to different market anomalies? Empirical evidences from Indonesia and Malaysia
This study aims to investigate whether the conventional and Islamic stock returns are subject to different calendar anomalies by testing the monthly calendar effects on stock returns in both markets. Focusing on the Indonesian and Malaysian Stock Markets, the closing monthly prices of the Jakarta S...
| Main Authors: | Abd. Majid, M. Shabri, Vakhira, Zulfa Alvi, Kassim, Salina |
|---|---|
| Format: | Article |
| Language: | English English |
| Published: |
European Research Center of Managerial Studies in Business Administration
2016
|
| Subjects: | |
| Online Access: | http://irep.iium.edu.my/55537/ http://irep.iium.edu.my/55537/1/55537_%20do%20conventional_complete.pdf http://irep.iium.edu.my/55537/2/55537_Do%20conventional%20and%20Islamic%20stock%20markets_scopus.pdf |
Similar Items
The 2007 global financial crisis and the Malaysian
stock market: a sectoral analysis
by: Kassim, Salina, et al.
Published: (2011)
by: Kassim, Salina, et al.
Published: (2011)
Islamic versus conventional stock market indices performance: empirical evidence from Turkey
by: Bayram, Kamola, et al.
Published: (2019)
by: Bayram, Kamola, et al.
Published: (2019)
Testing the conventional and Islamic financial market contagion: evidence from wavelet analysis
by: Saiti, Buerhan, et al.
Published: (2016)
by: Saiti, Buerhan, et al.
Published: (2016)
Dynamic linkages among ASEAN-5 emerging stock markets
by: Abd. Majid, M. Shabri, et al.
Published: (2009)
by: Abd. Majid, M. Shabri, et al.
Published: (2009)
Investors’ confidence in the Malaysian stock market and religiosity during investment decisions
by: Jaiyeoba, Haruna Babatunde, et al.
Published: (2019)
by: Jaiyeoba, Haruna Babatunde, et al.
Published: (2019)
Modelling the conditional variance and asymmetric response to past shocks in the Malaysian bond market
by: Rahman, Maya Puspa, et al.
Published: (2015)
by: Rahman, Maya Puspa, et al.
Published: (2015)
A qualitative inquiry into the investment decision behaviour of the Malaysian stock market investors
by: Jaiyeoba, Haruna Babatunde, et al.
Published: (2016)
by: Jaiyeoba, Haruna Babatunde, et al.
Published: (2016)
Testing the validation of the financial cooperation agreement among ASEAN+3 stock markets
by: Rahman, Md. Saifur, et al.
Published: (2017)
by: Rahman, Md. Saifur, et al.
Published: (2017)
The effect of GST announcement on stock market volatility:
evidence from intraday data
by: Haron, Razali, et al.
Published: (2019)
by: Haron, Razali, et al.
Published: (2019)
Diversification in conventional and Islamic stock indices: evidence from Multivariate-GARCH analysis
by: Saiti, Buerhan, et al.
Published: (2017)
by: Saiti, Buerhan, et al.
Published: (2017)
Modeling univariate volatility of stock returns using stochastic GARCH models:Evidence from 4-Asian markets
by: Islam, Mohd Aminul
Published: (2013)
by: Islam, Mohd Aminul
Published: (2013)
A wavelet-based approach to testing shari’ah-compliant stock market contagion:evidence from the ASEAN countries
by: Saiti, Buerhan, et al.
Published: (2013)
by: Saiti, Buerhan, et al.
Published: (2013)
The co-movement of selective conventional and Islamic stock indices: is there any impact on shariah compliant equity investment in China?
by: Saiti, Buerhan, et al.
Published: (2016)
by: Saiti, Buerhan, et al.
Published: (2016)
Correlation studies on equity markets using linear regression model - Malaysia developing and developed markets
by: Haron, Razali, et al.
Published: (2006)
by: Haron, Razali, et al.
Published: (2006)
Correlation studies on equity markets using linear regression model - Malaysia, developing and developed markets
by: Haron, Razali, et al.
Published: (2006)
by: Haron, Razali, et al.
Published: (2006)
Financial integration between Indonesia and its major trading partners
by: Abdul Karim, Bakri, et al.
Published: (2009)
by: Abdul Karim, Bakri, et al.
Published: (2009)
The dynamics of macroeconomics variables and the volatility of Indonesia stock markets: evidence from Islamic and conventional stock markets
by: Abduh, Muhamad, et al.
Published: (2013)
by: Abduh, Muhamad, et al.
Published: (2013)
Implied volatility and contagion in the options market
by: Prima Sakti, Muhammad Rizky, et al.
Published: (2014)
by: Prima Sakti, Muhammad Rizky, et al.
Published: (2014)
The efficiency of trading halts: emerging market evidence
by: Bacha, Obiyathulla Ismath, et al.
Published: (2008)
by: Bacha, Obiyathulla Ismath, et al.
Published: (2008)
Malaysian stock index futures market hedging effectiveness:
symmetric and asymmetric model
by: Haron, Razali, et al.
Published: (2019)
by: Haron, Razali, et al.
Published: (2019)
Crude palm oil market volatility: Malaysian evidence
by: Haron, Razali, et al.
Published: (2014)
by: Haron, Razali, et al.
Published: (2014)
Asset pricing in developed and emerging markets:a survey
by: Mohamad, Azhar, et al.
Published: (2016)
by: Mohamad, Azhar, et al.
Published: (2016)
Implied volatility forecasting in the options market: a survey
by: Mohamad, Azhar
Published: (2016)
by: Mohamad, Azhar
Published: (2016)
Price discovery between index futures and spot markets
by: Sifat, Imtiaz Mohamma, et al.
Published: (2019)
by: Sifat, Imtiaz Mohamma, et al.
Published: (2019)
Hedging effectiveness of Malaysian derivative markets under different asset classes
by: Salami, Monsurat Ayojimi, et al.
Published: (2019)
by: Salami, Monsurat Ayojimi, et al.
Published: (2019)
Shari’ah principles of sukuk structure in Malaysia Islamic capital market
by: Kamaluddin, Norlela, et al.
Published: (2012)
by: Kamaluddin, Norlela, et al.
Published: (2012)
Circuit breakers as market stability levers: a survey of research, praxis, and challenges
by: Sifat, Imtiaz Mohammad, et al.
Published: (2018)
by: Sifat, Imtiaz Mohammad, et al.
Published: (2018)
Circuit breakers as market stability levers: a survey of research, praxis, and challenges
by: Sifat, Imtiaz Mohammad, et al.
Published: (2019)
by: Sifat, Imtiaz Mohammad, et al.
Published: (2019)
Long-run relationship between Malaysian crude palm oil spot and futures market
by: Salami, Mansurat Ayojimi, et al.
Published: (2014)
by: Salami, Mansurat Ayojimi, et al.
Published: (2014)
Creating a two-way market via short selling and its potential use in the Islamic paradigm
by: Mohamad, Azhar
Published: (2015)
by: Mohamad, Azhar
Published: (2015)
Creating a two-way market via short selling and its potential use in the Islamic paradigm
by: Mohamad, Azhar
Published: (2013)
by: Mohamad, Azhar
Published: (2013)
Correlation and benefits of portfolio diversification among equity markets of developed countries and emerging countries in South East Asia region
by: Haron, Razali, et al.
Published: (2006)
by: Haron, Razali, et al.
Published: (2006)
Stock price movements : does change in energy price matter?
by: Abdul Jalil, Norasibah, et al.
Published: (2009)
by: Abdul Jalil, Norasibah, et al.
Published: (2009)
Does Islamic equity investment provide diversification benefits to conventional investors? Evidence from the multivariate GARCH analysis
by: Saiti, Buerhan, et al.
Published: (2018)
by: Saiti, Buerhan, et al.
Published: (2018)
Estimating volatility of stock index returns by using symmetric Garch models
by: Islam, Mohd Aminul
Published: (2013)
by: Islam, Mohd Aminul
Published: (2013)
Cointegration of Islamic stock indices: evidence from five ASEAN countries
by: Saiti, Buerhan
Published: (2015)
by: Saiti, Buerhan
Published: (2015)
Estimating Hedge Ratio and The Hedging
Effectiveness of Stock Index Futures Contract
by: Islam, Mohd Aminul, et al.
Published: (2014)
by: Islam, Mohd Aminul, et al.
Published: (2014)
Stock performance analysis between Malaysian Airlines System Berhad and Airasia Berhad
by: Ibrahim, Izleen, et al.
Published: (2011)
by: Ibrahim, Izleen, et al.
Published: (2011)
Short selling and exchange-traded funds returns:
evidence from the London Stock Exchange
by: Mohamad, Azhar, et al.
Published: (2016)
by: Mohamad, Azhar, et al.
Published: (2016)
Fundamentals, universe creation and appraisal of major shari’ah- compliant stocks screening methodologies
by: Saiti, Buerhan, et al.
Published: (2017)
by: Saiti, Buerhan, et al.
Published: (2017)
Similar Items
-
The 2007 global financial crisis and the Malaysian
stock market: a sectoral analysis
by: Kassim, Salina, et al.
Published: (2011) -
Islamic versus conventional stock market indices performance: empirical evidence from Turkey
by: Bayram, Kamola, et al.
Published: (2019) -
Testing the conventional and Islamic financial market contagion: evidence from wavelet analysis
by: Saiti, Buerhan, et al.
Published: (2016) -
Dynamic linkages among ASEAN-5 emerging stock markets
by: Abd. Majid, M. Shabri, et al.
Published: (2009) -
Investors’ confidence in the Malaysian stock market and religiosity during investment decisions
by: Jaiyeoba, Haruna Babatunde, et al.
Published: (2019)