Testing the Monthly Effect on Stock Returns in a Sample of Arab Stock Markets
published by Aِl-Baath University
in 2016
in
and research's language is
العربية
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Abstract in English
This study investigates the Monthly Effect (Semi-Month Effect
and Turn of the Month Effect) in the stock markets of Egypt,
Jordan, Iraq and Syria, over the period from January 2010 to
December 2014. The daily returns for each index were analyzed
by using T test or Mann-Whitney test. Moreover, the regression
analysis was also applied.
References used
AGATHEE, U., 2010 Semi-Monthly Effect: Evidence from the Mauritian Official Stock Market International Research Journal of Finance and Economics, Issue 14, ISSN 1450- 2887
AL-HAJIEH, H., REDHEAD, K., and RODGERS, T., 2009 Investor Sentiment and Islamic Calendar Anomaly Effect: A Case Study of the Impact of Ramadan on Islamic Middle Eastern Markets. Applied Research Working Paper Series
Al-JARRAH, I., KHAMEES, B., and QTEISHAT, I., 2011 The Turn of the Month Anomaly in Amman Stock exchange: Evidence and Implications Journal of Money Investment and Banking, ISSN 1450-288X, Issue 21, 2011