Day-Of-The-Week Effects: Evidence From The Chinese Stock Markets
This study examines the day-of-the-week effects in the Hong Kong, Shanghai and Taiwan stock markets. The current findings on the mean returns and their volatility in the stock markets could be useful in designing the trading strategies and drawing investment decisions. Investors can use the day-of-...
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| Format: | Article |
| Language: | en |
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Serials Publications
2011
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| Online Access: | http://ir.unimas.my/id/eprint/18607/7/DAY-OF-THE-WEEK%20EFFECTS%20%28abstract%29.pdf http://ir.unimas.my/id/eprint/18607/ http://serialsjournals.com/serialjournalmanager/pdf/1328597166.pdf |
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| author | Chia, Ricky Chee-Jiun Liew, Venus Khim-Sen Syed Azizi Wafa, Syed Khalid Wafa |
| author_facet | Chia, Ricky Chee-Jiun Liew, Venus Khim-Sen Syed Azizi Wafa, Syed Khalid Wafa |
| author_sort | Chia, Ricky Chee-Jiun |
| building | Centre for Academic Information Services (CAIS) |
| collection | Institutional Repository |
| content_provider | Universiti Malaysia Sarawak |
| content_source | UNIMAS Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | This study examines the day-of-the-week effects in the Hong Kong, Shanghai and Taiwan stock markets. The current findings on the mean returns and their volatility in the stock markets could be useful in designing the trading strategies and drawing
investment decisions. Investors can use the day-of-the-week effects information to avoid and reduce the risk when investing in these 3 stock markets. Further analysis using TGARCH model, uncover asymmetrical market reactions on the positive and
negative news, rendering doubts on the appropriateness of the previous research that employed the symmetrical GARCH model in their analysis of day-of-the-week effects. |
| format | Article |
| id | my.unimas.ir-18607 |
| institution | Universiti Malaysia Sarawak |
| language | en |
| publishDate | 2011 |
| publisher | Serials Publications |
| record_format | eprints |
| spelling | my.unimas.ir-186072017-11-27T01:40:29Z http://ir.unimas.my/id/eprint/18607/ Day-Of-The-Week Effects: Evidence From The Chinese Stock Markets Chia, Ricky Chee-Jiun Liew, Venus Khim-Sen Syed Azizi Wafa, Syed Khalid Wafa HB Economic Theory This study examines the day-of-the-week effects in the Hong Kong, Shanghai and Taiwan stock markets. The current findings on the mean returns and their volatility in the stock markets could be useful in designing the trading strategies and drawing investment decisions. Investors can use the day-of-the-week effects information to avoid and reduce the risk when investing in these 3 stock markets. Further analysis using TGARCH model, uncover asymmetrical market reactions on the positive and negative news, rendering doubts on the appropriateness of the previous research that employed the symmetrical GARCH model in their analysis of day-of-the-week effects. Serials Publications 2011 Article PeerReviewed text en http://ir.unimas.my/id/eprint/18607/7/DAY-OF-THE-WEEK%20EFFECTS%20%28abstract%29.pdf Chia, Ricky Chee-Jiun and Liew, Venus Khim-Sen and Syed Azizi Wafa, Syed Khalid Wafa (2011) Day-Of-The-Week Effects: Evidence From The Chinese Stock Markets. Journal of International Economic Review, 4 (1). pp. 1-12. ISSN 0975-2080 http://serialsjournals.com/serialjournalmanager/pdf/1328597166.pdf |
| spellingShingle | HB Economic Theory Chia, Ricky Chee-Jiun Liew, Venus Khim-Sen Syed Azizi Wafa, Syed Khalid Wafa Day-Of-The-Week Effects: Evidence From The Chinese Stock Markets |
| title | Day-Of-The-Week Effects: Evidence From The Chinese Stock Markets |
| title_full | Day-Of-The-Week Effects: Evidence From The Chinese Stock Markets |
| title_fullStr | Day-Of-The-Week Effects: Evidence From The Chinese Stock Markets |
| title_full_unstemmed | Day-Of-The-Week Effects: Evidence From The Chinese Stock Markets |
| title_short | Day-Of-The-Week Effects: Evidence From The Chinese Stock Markets |
| title_sort | day-of-the-week effects: evidence from the chinese stock markets |
| topic | HB Economic Theory |
| url | http://ir.unimas.my/id/eprint/18607/7/DAY-OF-THE-WEEK%20EFFECTS%20%28abstract%29.pdf http://ir.unimas.my/id/eprint/18607/ http://serialsjournals.com/serialjournalmanager/pdf/1328597166.pdf |
| url_provider | http://ir.unimas.my/ |