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