Efficient market stated that stock’s return is indifferent in each trading day. But, the weekend effects phenomenon made a different return in each single day in a week or month. This is an abnormal return which can affect investor in deciding investment strategy, portfolio selection, and profit management. This study investigates the day of the week effect, more precisely the Monday effect and the January effect on the Stock Exchange of Mauritius (SEM) in order to get the information whether these anomalies exist or not.
Title of the study “ the impact of weekend effect on Indian stock market” describe that how Friday closing of stock market affect the Monday opening of stock market and how it affects the investors risk and return and try to assess the reason behind the investor strategy on the weekend trading in stock market. This study identifies the factors affecting the investors on weekend and which factors affect the weekend trading and what is the overall impact on volume of the stock market.
1.1Turn-of-the-month (TOM) effect
This effect means that sto...
... middle of paper ...
1.2 NEED OF STUDY
In Indian stock market investors are lack of awareness about the stock market and they follow the others strategies to invest in stock market. This topic provide the information about how a single day closing of stock market does effect on the next day or how one week trading effect the next week trading in stock market.
This study also elaborate the some figures which help to understand what strategies should a trader adopt and The idea behind the weekend effect is that companies tend to release bad news on Fridays, when the market has the weekend to digest the news and not react as negatively on Monday.
Perception of individual investor are also affect the next day trading individual investor perception might be different at different day investor have follow some belief before the trading on last and first day of the week.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- This paper will encompass the importance of the U.S stock market/stock exchange versus the Chinese stock market/ stock exchange, with a brief introduction about how each stock market/stock exchange came into existence, the importance of each stock market/stock exchange, how the U.S and Chinese manage their stock markets/stock exchange, how corporations are appointed plus the rules and regulations. This will also entail random facts about each stock market/stock exchange. Stock markets are like hitting a royal flush, if the price of your stocks goes up, you win; if it drops, you lose.... [tags: Stock market, Stock exchange, Stock]
2138 words (6.1 pages)
- According to Investopedia (2003), the New York Stock Exchange, otherwise known as NYSE, is a stock exchange based in New York City. It is considered the largest equities-based exchange in the world based on total market capitalization of its listed securities. Additionally, it stated that NYSE was founded in 1972 but became a public entity in 2005 after the acquisition of electronic trading exchange Archipelago. The NYSE Euronext is the parent company of the New York Stock Exchange. This came into play when the company merged with the European exchange in 2007.... [tags: Stock exchange, Stock, New York Stock Exchange]
1476 words (4.2 pages)
- The two things that could make a human gullible is either not being prepared or being over prepared. This is because listening to someone who is rich and powerful makes you believe that you are also something great, but not everyone is truthful of what they say and instead they act for their own self-interest. This story is directly related to lies, deception and karma. It all begins in 2007, I was just admitted at the New York Stock Exchange for a position of a stock broker. I graduated with a 4.5 GPA and I got offers from many companies from all around the world but I decided to follow my father’s advice and he always use to say to me: “Son…Go for your dreams, but never lie to yourself and... [tags: Stock market, Stock, Stock exchange]
895 words (2.6 pages)
- History Of The New York Stock Exchange Nowadays the world 's main trading platform is considered to be the New York Stock Exchange (NYSE). Not only for the United States but also for the whole world of finance, it is the great and major exchange. In the history of its creation, an important date is 1792. The year when twenty four brokers in New York signed the Buttonwood Agreement on the establishment of a new stock exchange in order to be able to limit their commission fees . However, as we know it today The New York Stock Exchange begins its history in the year 1865 when it has acquired its own building with a white facade with six columns built in the Corinthian style .... [tags: Stock exchange, Stock market, World War II]
1609 words (4.6 pages)
- The purpose of this dissertation is to compare the co-movement of the rate of returns of the Shanghai Stock exchange Index with the price indexes in the stock exchanges of other BRICS countries before and after the establishment of the BRICS. Studying the co-movement of variables among the world market is an important field in finance and economics. From 1990s, there are 1994 Mexico economic crisis, 1997 Asian Financial Crisis, 2001 dot-com bubble, and 2007 Global financial crisis. All of these financial crisis cause serious damage not only in the country where the financial crisis was first occurred, but also in the other countries in the world.... [tags: Stock market, Stock exchange, Brazil]
700 words (2 pages)
- The research project was written by Dang Duy NGUYEN, who used to be an international business student at IPC. This research was named “A comparison of the operating and regulatory systems of the Australian Securities Exchange (ASX) and the Ho Chi Minh Stock Exchange (HoSE) with recommendations to increase the effectiveness of the HoSE”. In this research, he examined the regulatory and operating systems of the two biggest stock exchanges of Vietnam and Australia, which are known as the Ho Chi Minh Stock Exchange and the Australian Securities Exchange.... [tags: Stock exchange, Stock market, Ho Chi Minh]
1121 words (3.2 pages)
- As we discussed in the introduction part, whether or not the future stock price could be predictable still fiercely debated in finance areas. Basing on some certain trading rule of the strategies, investors could earn abnormal returns through the predictability of stock price. This chapter is aim to review the momentum studies in recent years. Currently, there has been an extensive literature paragraphs on the alternative explanations of momentum strategies which including the source, the profit and the characteristics.... [tags: Stock market, Stock, Stock exchange, Share price]
1309 words (3.7 pages)
- A Stock Exchange is an organized market for buying and selling financial instruments known as securities, which include stocks, bonds, options, and futures. Most stock exchanges have specific locations where the trades are completed. For the stock of a company to be traded at these exchanges, it must be listed, and to be listed, the company must satisfy certain requirements. But not all stocks are bought and sold at a specific site. Such stocks are referred to as unlisted. Many of these stocks are traded over the counterthat is, by telephone or by computer.... [tags: Stock Exchange Market Research Paper]
819 words (2.3 pages)
- QUESTION 1 (i) Security markets refer to any type of financial investment at the stock market. A security market encompasses; equity markets, bond markets, and derivatives markets. Only a few companies in East Africa are enlisted at the stock exchange due to the technicalities of listing companies and the disadvantages that comes with it. Enlisting a company at the securities exchange market has advantage and disadvantages. The following are some of the advantages and disadvantages of enlisting a company at the securities exchange market; Advantages of Enlisting a Company at the Securities Exchange Market (a) Free Coverage and Publicity; Enlisting a company at the securities exchange market... [tags: Stock market, Stock exchange]
1382 words (3.9 pages)
- Investing in SolarCity (SCTY) Stocks are an important part of the economy. “A stock is an ownership share in a corporation. Each of these shares denotes a part ownership for a share owner, stockholder, or shareholder, of that company. Stocks are traded on exchanges all over the world, the largest is the New York Stock Exchange or NYSE (What Is a Stock?).” The economy and stock market are related to each other. When the economy is not doing very well, the price of stocks can go down. This has an impact on people.... [tags: Photovoltaics, Solar cell, Solar energy, Stock]
1167 words (3.3 pages)