In this paper, I analyse three measures of stock market synchronicity; the classical measure, the R square measure and the zero return measure proposed by Morck et al. (2000), Skaife et al. (2006) and Khandaker (2012). It is found that the classical measure and the R square measure exhibit...

This paper examined the Dhaka Stock Exchange (DSE) financial crisis in 1997 and also analyzed stock price co-movement behavior of the DSE from 1996 to 2004.The study found evidence that the DSE stocks were more volatile in the South-Asian region during the sample period, and its financial crisis...