This paper examines the efficiency in pricing securities as well as the relation between exchange rate and dynamics of equity returns in a number of emerging stock markets from Africa and Asia,. This study utilizes methodologies based on Single variance ratio test of Lo and Mackinlay (1988),...

This text comprises a selection of topics that focus on African stock market performance. The main factor in this analysis is to examine the behavior of stock returns in a number of emerging stock markets from Africa, the efficiency in pricing securities as well as the relation between exchange...

This paper examines the efficiency in pricing securities as well as the relation between exchange rate and dynamics of equity returns in a number of emerging stock markets from Africa and Asia,. This study utilizes methodologies based on Single variance ratio test of Lo and Mackinlay (1988),...

The aim of the paper is to provide some evidences on relationships between the degree of financial integration between stock exchange markets and volatility of national market returns. In this paper, the authors employ correlation and cluster analyses in order to investigate the impact of stock...

This paper examines the efficiency in pricing securities as well as the relation between exchange rate and dynamics of equity returns in a number of emerging stock markets from Africa and Asia,. This study utilizes methodologies based on Single variance ratio test of Lo and Mackinlay (1988),...