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The effects of Myanmar’s 2020 general election and 2021 military coup on stock market returns

Khanthavit, Anya - In: Thailand and the world economy 40 (2022) 3, pp. 1-14

with respect to them. This study examines the effects of Myanmar’s 2020 general election and 2021 military coup on the …, 2020 to February 18, 2021 (171 daily observations). This study finds significant effects of the election and the coup. The … daily-average abnormal returns during the first and second five-day periods prior to the election day are 0.2129% and 0 …

Persistent link: https://www.econbiz.de/10013440358

Macro-financial nexus: a systematic review on the impact of macroeconomic factors on bank stock returns

Joseph, Aleena; Geetha E; Radhakrishnan, Rohith; Jain, … - In: Cogent economics & finance 12 (2024) 1, pp. 1-24

The performance of bank stocks exhibits a country's overall financial health and signals economic growth. Therefore, understanding the interaction of macroeconomic factors on bank stock returns is crucial for the valuation of financial assets, especially in a highly volatile stock market....

Persistent link: https://www.econbiz.de/10015375816

The Bank of Japan’s equity exchange-traded funds purchasing operation and its impact on equity returns

Koyama, Kentaro - In: Cogent economics & finance 10 (2022) 1, pp. 1-20

The Bank of Japan (BoJ) conducts an unconventional monetary policy that includes exchange-traded fund (ETF) purchases, which can be expected to affect aggregate equity indices. As equity ETF purchases represent a unique and exceptional monetary policy framework, there are few studies on how such...

Persistent link: https://www.econbiz.de/10013393632

Is democracy costly? : the effect of political turmoil on Kuwait's stock market

Alsabah, Khaled; Alsabah, Humoud - In: Borsa Istanbul Review 24 (2024) 5, pp. 1006-1018

This study is the first to analyze the impact of domestic political unrest on Kuwait's stock market. Our data indicates a daily market decline of 0.16 percent during periods when the parliament is suspended. This translates to a 7.1 percent loss in the value of the Kuwait Stock Exchange for each...

Persistent link: https://www.econbiz.de/10015141796

General election effect on the network topology of Pakistan's stock market : network-based study of a political event

Memon, Bilal Ahmed; Yao, Hongxing; Tahir, Rabia - In: Financial innovation : FIN 6 (2020) 2, pp. 1-14

To examine the interdependency and evolution of Pakistan’s stock market, we consider the cross-correlation coefficients of daily stock returns belonging to the blue chip Karachi stock exchange (KSE-100) index. Using the minimum spanning tree network-based method, we extend the financial...

Persistent link: https://www.econbiz.de/10012268525

The dynamic relationship between BTC with BIST and NASDAQ indices

Ulu, Cagri - In: Financial internet quarterly 19 (2023) 4, pp. 115-128

The significance of digital investment has grown substantially, enabled by advancing technology, which provides digital monitoring of investment instruments. Consequently, analyzing these instruments has become imperative. In particular, investors are inclined to compare new investment...

Persistent link: https://www.econbiz.de/10014496688

Long-term underperformance of public versus rights offering firms

Kim, Hyun Ju; Song, Kyojik Roy - In: Journal of derivatives and quantitative studies : … 30 (2022) 1, pp. 46-57

The authors compare the post-issue stock and operating performance of rights issue versus public offer firms using Korean data. The authors find that the stock returns of rights issue firms are less negative than those of public offering firms during the three years subsequent to the seasoned...

Persistent link: https://www.econbiz.de/10012887269

On survivor stocks in the S&P 500 stock index

Grobys, Klaus - In: Journal of risk and financial management : JRFM 15 (2022) 2, pp. 1-24

This paper investigates the performance and characteristics of survivor stocks in the S&P 500 index. Using both in-sample and out-of-sample comparisons, survivor stocks outperformed this market index by a considerable margin. Relative to other S&P 500 index companies, survivor stocks tend to be...

Persistent link: https://www.econbiz.de/10012888297

Measuring the effect of the North Korea-U.S. summit on the South Korean stock market

Huy Pham; Al-Hares, Osama M.; Ramiah, Vikash; Moosa, Nisreen - In: Cogent economics & finance 7 (2019) 1, pp. 1-22

We examine the effects of the North Korea-U.S. summit and related events on the South Korean stock market over the period March 2018 to June 2018. Employing the event study methodology, we estimate sectoral abnormal returns following the events surrounding the summit and conduct several...

Persistent link: https://www.econbiz.de/10014232764

Attitudes towards ambiguous information and stock returns

Zhang, Ziyun - In: Cogent economics & finance 7 (2019) 1, pp. 1-33

This study examines whether investors’ attitudes toward ambiguity can explain cross-sectional stock returns by investigating the relationship between future stock returns and option-implied volatilities as well as implied third moments. We find that investors’ attitudes toward different...

Persistent link: https://www.econbiz.de/10014232777