Efficiency market hypothesis in an emerging market: does it really hold for Malaysia? by Siew, Voon Soon, Ahmad Zubaidi Baharumshah, Tze, Haw Chan

“…This study revisits the efficient market hypothesis (EMH) with regard to the Kuala Lumpur Stock Exchange (KLSE) at the sectoral level. …”
Get full text

Is three day-of-the-week effect in the Malaysian stock market? by Othman Yong, Ismail Ibrahim

“…However, from statistical point of view, this phenomenon is not significant, i.e., the Malaysian stock market is still efficient in the weak sense of the efficient market hypothesis. Our results are in contradiction with those of an earlier study by Md. …”
Get full text

Effectiveness of geometric brownian motion method in predicting stock prices: evidence from India by Krishna Prasad, Lionel Pereira, Nandan Prabhu, Pavithra S.

“…This research is original in the Indian context, as it situates the GBM method of Monte Carlo simulation in the premise of bounded rationality and efficient market hypothesis theories. There is thus the empirical evidence for bounded rationality and that the stock markets are not efficient…”
Get full text

Randomness of stock market movement: a nonparametric approach by Othman Yong

“…In the weak form of the efficient market hypothesis (EMH), it is assumed that stock prices move in a random fashion. …”
Get full text

Effectiveness of geometric brownian motion method in predicting stock prices: evidence from India by Prasad, Krishna, Prabhu, Bhuvana, Pereira, Lionel, Prabhu, Nandan, S, Pavithra

“…This research is original in the Indian context, as it situates the GBM method of Monte Carlo simulation in the premise of bounded rationality and efficient market hypothesis theories. There is thus the empirical evidence for bounded rationality and that the stock markets are not efficient.…”
Get full text

The relationship between broad money and stock prices in Malaysia: An error correction model approach by Muzafar Shah Habibullah

“…Results from our Error Correction models suggest that the informational efficiency markets hypothesis can be rejected for the KLSE…”