The Monday effect on the Johannesburg Stock Exchange

The efficient market hypothesis submits that the expected returns on shares and other financial assets are identical for all the days of the week. Studies of share returns on the New York Stock Exchange have revealed that the expected returns are not identical for the various days of the week. This...

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Bibliographic Details
Main Author: N. Bhana
Format: Article
Language:English
Published: AOSIS 1985-03-01
Series:South African Journal of Business Management
Online Access:https://sajbm.org/index.php/sajbm/article/view/1064