Magnet effect of price limits: evidence from Bursa Malaysia

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Magnet effect of price limits: evidence from Bursa Malaysia

Since the late 1980s it has become a common practice worldwide—especially in frontier markets—to impose price limits on stock prices, effectively stunting its intraday growth or decline beyond a certain bracket. Ostensibly, its purport is to prevent investor overreaction, regulatory control of marke...

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Bibliographic Details
Main Authors:	Mohammad Sifat, Imtiaz, Mohamad, Azhar
Format:	Proceeding Paper
Language:	English English
Published:	2017
Subjects:	HG Finance HG4501 Stocks, investment, speculation
Online Access:	http://irep.iium.edu.my/59710/ http://irep.iium.edu.my/59710/1/Osaka%20Dec%202017%20paper%20-%20magnet%20effect.pdf http://irep.iium.edu.my/59710/2/Osaka%20Dec%202017%20acceptance.pdf

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