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...

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Bibliographic Details
Main Authors: Haroon Hussain, Asma Sarfraz, Bilal Nawaz, Mohsin Altaf
Format: Article
Language:English
Published: Growing Science 2013-01-01
Series:Management Science Letters
Subjects:
Online Access:http://www.growingscience.com/msl/Vol3/msl_2012_272.pdf