An empirical investigation on the existence of weak form efficiency: The case of Karachi stock exchange
This research study focuses the existence of “weak form efficiency” in the Karachi stock exchange of Pakistan. Daily stock returns are used to check the “weak form efficiency’ in KSE covering a time period of 15 years ranges from July, 1997 to April, 2012. Kolmogrov-Smirnov (K-S) test, runs test, Un...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Growing Science
2013-01-01
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Series: | Management Science Letters |
Subjects: | |
Online Access: | http://www.growingscience.com/msl/Vol3/msl_2012_272.pdf |