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The Relationship Between Trading Volume and Stocks' Returns : Value Versus Growth Stocks in Malaysia

Value stocks have higher returns than growth stocks in Kuala Lumpur Composite Index from January 1, 2001 to January 1, 2009. This investigation empirically examines the relationship between monthly rates of return and trading volumes on value and growth stocks. The evidence of KLCI shows that return...

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Main Author: Kadour, Ahmad
Format: Thesis
Language:English
Published: 2009
Subjects:
HG Finance
Online Access:http://etd.uum.edu.my/3631/1/s800016.pdf
http://etd.uum.edu.my/3631/
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spelling my.uum.etd.36312013-11-04T03:32:34Z http://etd.uum.edu.my/3631/ The Relationship Between Trading Volume and Stocks' Returns : Value Versus Growth Stocks in Malaysia Kadour, Ahmad HG Finance Value stocks have higher returns than growth stocks in Kuala Lumpur Composite Index from January 1, 2001 to January 1, 2009. This investigation empirically examines the relationship between monthly rates of return and trading volumes on value and growth stocks. The evidence of KLCI shows that returns affect volume. In addition, there is no relationship between volume trading and the types of stocks, i.e., growth or value. The Granger causality tests show that there is no causality relationship between volume and return for growth stocks. However, there is bidirectional causality relationship between volume and return for value stocks. 2009 Thesis NonPeerReviewed text en http://etd.uum.edu.my/3631/1/s800016.pdf Kadour, Ahmad (2009) The Relationship Between Trading Volume and Stocks' Returns : Value Versus Growth Stocks in Malaysia. Masters thesis, Universiti Utara Malaysia.
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Electronic Theses
url_provider http://etd.uum.edu.my/
language English
topic HG Finance
spellingShingle HG Finance
Kadour, Ahmad
The Relationship Between Trading Volume and Stocks' Returns : Value Versus Growth Stocks in Malaysia
description Value stocks have higher returns than growth stocks in Kuala Lumpur Composite Index from January 1, 2001 to January 1, 2009. This investigation empirically examines the relationship between monthly rates of return and trading volumes on value and growth stocks. The evidence of KLCI shows that returns affect volume. In addition, there is no relationship between volume trading and the types of stocks, i.e., growth or value. The Granger causality tests show that there is no causality relationship between volume and return for growth stocks. However, there is bidirectional causality relationship between volume and return for value stocks.
format Thesis
author Kadour, Ahmad
author_facet Kadour, Ahmad
author_sort Kadour, Ahmad
title The Relationship Between Trading Volume and Stocks' Returns : Value Versus Growth Stocks in Malaysia
title_short The Relationship Between Trading Volume and Stocks' Returns : Value Versus Growth Stocks in Malaysia
title_full The Relationship Between Trading Volume and Stocks' Returns : Value Versus Growth Stocks in Malaysia
title_fullStr The Relationship Between Trading Volume and Stocks' Returns : Value Versus Growth Stocks in Malaysia
title_full_unstemmed The Relationship Between Trading Volume and Stocks' Returns : Value Versus Growth Stocks in Malaysia
title_sort relationship between trading volume and stocks' returns : value versus growth stocks in malaysia
publishDate 2009
url http://etd.uum.edu.my/3631/1/s800016.pdf
http://etd.uum.edu.my/3631/
_version_ 1644277009315004416
score 13.211869

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