The efficiency of trading halts: emerging market evidence

QR Code

The efficiency of trading halts: emerging market evidence

This paper reports new findings on the price effect from trading halts - both voluntary and mandatory - over 2000-2004 in an emerging share market, Malaysia. Based on our overall sample, trading halts lead to positive price reaction, increased volume, and increased volatility. We found evidence of i...

Full description

Bibliographic Details
Main Authors:	Bacha, Obiyathulla Ismath, A. Rashid, Mohamed Eskandar S, Ramlee, Roslily
Format:	Article
Language:	English
Published:	Universiti Utara Malaysia Pres 2008
Subjects:	HG4501 Stocks, investment, speculation
Online Access:	http://irep.iium.edu.my/74219/ http://irep.iium.edu.my/74219/13/74219%20The%20efficiency%20of%20trading%20halts.pdf

Similar Items

Testing the conventional and Islamic financial market contagion: evidence from wavelet analysis
by: Saiti, Buerhan, et al.
Published: (2016)

The diversification benefits from Islamic investment during the financial turmoil: the case for the US-based equity investors
by: Saiti, Buerhan, et al.
Published: (2014)

FRGS final report: regulating a mis-regulation of trading halts through a comprehensive financial legal framework for the protection of investors’ interest
by: Mohamad, Azhar
Published: (2019)

Corporate governance and insider trading: evidence from Malaysia
by: Ahmad Kamal, Siti Aisyah, et al.
Published: (2018)

Heads we win, tails you lose: Is there equity in Islamic equity funds?
by: Mustaffa Kamil, Nazrol Kamil, et al.
Published: (2014)

Asset pricing in developed and emerging markets:a survey
by: Mohamad, Azhar, et al.
Published: (2016)

Short selling and exchange-traded funds returns: evidence from the London Stock Exchange
by: Mohamad, Azhar, et al.
Published: (2016)

Is shorting of Exchange Traded Funds a dangerous financial sport? recent UK evidence
by: Mohamad, Azhar
Published: (2013)

Crude palm oil market volatility: Malaysian evidence
by: Haron, Razali, et al.
Published: (2014)

Is there a diversification “cost” of shari’ah compliance? empirical evidence from Malaysian equities
by: Mustaffa Kamil, Nazrol Kamil, et al.
Published: (2014)

The effect of GST announcement on stock market volatility: evidence from intraday data
by: Haron, Razali, et al.
Published: (2019)

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)

Islamic versus conventional stock market indices performance: empirical evidence from Turkey
by: Bayram, Kamola, et al.
Published: (2019)

The existence of insider trading in Malaysia: an event study approach
by: Yusof, Abdul Hafiz, et al.
Published: (2013)

Financial integration between Indonesia and its major trading partners
by: Abdul Karim, Bakri, et al.
Published: (2009)

Modeling univariate volatility of stock returns using stochastic GARCH models:Evidence from 4-Asian markets
by: Islam, Mohd Aminul
Published: (2013)

Analysis of crude palm oil futures prices traded on Bursa Malaysia
by: Ahmad, Norfaieqah, et al.
Published: (2011)

A wavelet-based approach to testing shari’ah-compliant stock market contagion:evidence from the ASEAN countries
by: Saiti, Buerhan, et al.
Published: (2013)

The interactions between gold and shariah compliant equities:the application of wavelet and multivariate GARCH analysis
by: Shakil, Mohammad Hassan, et al.
Published: (2017)

Trading aggression when price limit hits are imminent: NARDL based intraday investigation of magnet effect
by: Mohamad, Azhar, et al.
Published: (2018)

Correlation and portfolio diversification among South East Asia, emerging and developed countries
by: Haron, Razali, et al.
Published: (2008)

Correlation studies on equity markets using linear regression model - Malaysia developing and developed markets
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)

Do 'Sin Stocks' deprive Islamic stock portfolios of diversification? Some insights from the Use of MGARCH-DCC
by: Mustaffa Kamil, Nazrol Kamil, et al.
Published: (2012)

Issue in Islamic equities: a literature survey
by: Masih, Mansur, et al.
Published: (2018)

Do sin stocks deprive Islamic stock portfolios of diversification? some insights from the use of MGARCH-DCC
by: Mustaffa Kamil, Nazrol Kamil, et al.
Published: (2012)

Implied volatility and contagion in the options market
by: Prima Sakti, Muhammad Rizky, et al.
Published: (2014)

The pricing efficiency of equity warrants: a Malaysian case
by: Haron, Razali
Published: (2006)

Dynamic linkages among ASEAN-5 emerging stock markets
by: Abd. Majid, M. Shabri, et al.
Published: (2009)

Implied volatility forecasting in the options market: a survey
by: Mohamad, Azhar
Published: (2016)

Price discovery between index futures and spot markets
by: Sifat, Imtiaz Mohamma, et al.
Published: (2019)

Information content and informativeness of analysts’ report: evidence from Malaysia
by: Mohd Thas Thaker, Hassanudin, et al.
Published: (2019)

Daily returns seasonality and impact of stock index futures: evidence from the Kuala Lumpur Stock Exchange
by: Mohamad, Azhar, et al.
Published: (2003)

Daily returns seasonality and impact of stock index futures: evidence from the Kuala Lumpur Stock Exchange
by: Mohamad, Azhar, et al.
Published: (2003)

Short-selling ban and cross-sectoral contagion: evidence from the UK
by: Mohamad, Azhar, et al.
Published: (2015)

Cointegration of Islamic stock indices: evidence from five ASEAN countries
by: Saiti, Buerhan
Published: (2015)

Short-selling ban and cross-sectoral contagion: evidence from the UK
by: Mohamad, Azhar, et al.
Published: (2012)

Short-selling ban and cross-sectoral contagion: evidence from the UK
by: Mohamad, Azhar, et al.
Published: (2014)

Investors’ confidence in the Malaysian stock market and religiosity during investment decisions
by: Jaiyeoba, Haruna Babatunde, et al.
Published: (2019)

Hedging effectiveness of Malaysian derivative markets under different asset classes
by: Salami, Monsurat Ayojimi, et al.
Published: (2019)