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portada Is the Karachi Stock Exchange Efficient?
Type
Physical Book
Publisher
Author
Language
English
Pages
52
Format
Paperback
ISBN13
9783659829833

Is the Karachi Stock Exchange Efficient?

Imran Bashir Shaikh; Osman Bin Saif; Muhammad Bilal Saeed (Author) · Lap Lambert Academic Publishing · Paperback

Is the Karachi Stock Exchange Efficient? - Imran Bashir Shaikh; Osman Bin Saif; Muhammad Bilal Saeed

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Delivery: 02 Oct - 12 Oct Shipping: 13 to 14 business days.
R 796
R 796

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Synopsis "Is the Karachi Stock Exchange Efficient?"

This study notices the Karachi Stock Exchange efficiency by investigating one of the calendar anomaly the "Moharram Effect" on 10 listed companies of Cement sector by using Event Study. We measured the data of market index and stock prices from 2000 to 2013. This study has collectively insignificant effect of Moharram on the stock returns of selected companies of Cement Sector. However individual years have shown some positive and negative significance of abnormal returns which negates the theory of Efficient Market.

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The book is written in English.

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The binding of this edition is Paperback.

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