• Corpus ID: 55596075

Trading strategies in the Colombo Stock Exchange in Sri Lanka: Day of the Week Effect

  title={Trading strategies in the Colombo Stock Exchange in Sri Lanka: Day of the Week Effect},
  author={Nlsrb Narasinghe and L.A.S. Perera},
Trading strategies in the stock market lead against the Efficient Market Hypothesis which is introduced by Fama in 1970. Colombo Stock Exchange is not even touched the weak form, semi Strong form and Strong form market efficiencies. Therefore the investors have the opportunity to use trading strategy as earning strategy .Seasonality effects are very famous in the stock market and Day of the week effect gives the fruitful idea towards them. The day-of-the-week effect was first observed by Fields… 

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