The Day-Of-The-Week Effects as Observed at the Kuala Lumpur Stock Exchange and Their Implications on the Efficient Market Hypothesis

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The Day-Of-The-Week Effects as Observed at the Kuala Lumpur Stock Exchange and Their Implications on the Efficient Market Hypothesis

The Capital Asset Pricing Model relies on the mathematical notion of expected rates of return . It is thus important to determine just how well stock prices mirror the fundamental value of firms. Previous studies on stock returns have revealed certain empirical anomalies and irregularities. Past...

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Bibliographic Details
Main Author:	Khairon, Rosli
Format:	Project Paper Report
Language:	English English
Published:	1999
Subjects:	Stock exchanges - Observations - Malaysia.
Online Access:	http://psasir.upm.edu.my/id/eprint/8136/ http://psasir.upm.edu.my/id/eprint/8136/1/GSM_1999_19_A.pdf

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