• Corpus ID: 55596075

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

@inproceedings{Narasinghe2015TradingSI,
  title={Trading strategies in the Colombo Stock Exchange in Sri Lanka: Day of the Week Effect},
  author={Nlsrb Narasinghe and L.A.S. Perera},
  year={2015}
}
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… 

Tables from this paper

References

SHOWING 1-10 OF 12 REFERENCES
Evidence on Weak Form Efficiency and Day of the Week Effect in the Indian Stock Market
Stock market efficiency is an important concept, for understanding the working of the capital markets particularly in emerging stock market such as India. The efficiency of the emerging markets
Day-of-the-week effects in emerging stock markets
This study uses both unconditional and conditional risk analysis to investigate the day-of-the-week effect in 21 emerging stock markets. In addition, risk is allowed to vary across the days of the
Day of the Week Effect of Asian Stock Markets
ABSTRACTThe objective of this paper is to observe the descriptive statistics and examine day of the week effect in four selected stock markets of Asian countries namely: India (Bombay Stock
Day -of -the -Week Effects in BSE Bankex
This study investigates the day -of -the -week -effect on the return and conditional variance of the BSE bank stock index (BSE Bankex) in the emerging stock market of India using close-to-close data
The Week-End Effect in Common Stock Returns: The International Evidence
This paper examines the daily stock market returns for four foreign countries. We find a so-called "week-end effect" in each country. In addition, the lowest mean returns for the Japanese and
Day of the Week Effects and Asset Returns
The number of empirical studies using daily stock returns is rapidly increasing.' Researchers generally assume that the distribution of stock returns is identical for all days of the week-a
Efficient Capital Markets: II
SEQUELS ARE RARELY AS good as the originals, so I approach this review of the market efficiency literature with trepidation. The task is thornier than it was 20 years ago, when work on efficiency was
EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK*
Efficient Capital Markets: A Review of Theory and Empirical Work Author(s): Eugene F. Fama Source: The Journal of Finance, Vol. 25, No. 2, Papers and Proceedings of the Twenty-Eighth Annual Meeting
The Behavior of Stock Prices on Fridays and Mondays
(1973). The Behavior of Stock Prices on Fridays and Mondays. Financial Analysts Journal: Vol. 29, No. 6, pp. 67-69.
...
1
2
...