The Day-of-the-week Effect in the Hang Seng Index

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The Day-of-the-week Effect in the Hang Seng Index

This study finds the existence of Friday effect in the return of Hang Seng Index. This finding implies that the Hong Kong Stock market is inefficient with respect to price information. Besides, the Hang Seng Index returns are predictable and hence profitable trading strategies can be developed. Thus...

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Bibliographic Details
Main Authors:	Chia, Ricky Chee-Jiun, Liew, Venus Khim-Sen, Syed Azizi Wafa, Syed Khalid Wafa
Format:	Article
Language:	English
Published:	EconBiz 2015
Subjects:	H Social Sciences (General)
Online Access:	http://ir.unimas.my/id/eprint/17988/ http://ir.unimas.my/id/eprint/17988/1/5718adf508ae30c3f9f18743.pdf

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