In line with the theory, we report significant positive effect of new moon on stock market returns in five cases (uk, switzerland, bangladesh, chile and cyprus), while a negative effect of full moon is reported for the case of jordan only. You may hear, for example, about the super bowl effect, where a victory by an old nfc team suggests a coming rise in stock prices, while an afc victory predicts a market downturn. Stock market in bangladesh the history of the dhaka stock exchange ( dse ) dates back to 1952 when the local government deemed it necessary to establish a stock exchange because pakistani shares and securities were prohibited from being bought or sold on the calcutta stock exchange (cse. Stock returns such as january effect, turn of the month effect and day of the week effect or monday effect, holiday effect and so on the existence of the calendar anomalies is a denial of the weak form of efficient market hypothesis. The result in this table indicates that the relationship between stock market price index and the exchange rate for ksa was positive but statistically not significant (r = 32, p = 11) as well as there is a significant relationship between the stock market price index with interest rate for the same country (r = 644, p 001.
Effect of sentiment on the bangladesh stock market returns shah saeed hassan chowdhury department of accounting and finance prince mohammad university. 1 background of the study macroeconomic variables affect the performance of the stock market investors consider macroeconomic variables when they value stocks. Value of dividend the stock price may even exceed the market value, which is known as the undervaluation in the market or overstatement of investor's assessment (downs, 1991. Find bangladesh stock images in hd and millions of other royalty-free stock photos, illustrations, and vectors in the shutterstock collection thousands of new, high-quality pictures added every day.
Many researches over the period of time have focused on the impact of macroeconomic variables on stock price movements in developing economies in their study, muhammad and rasheed (2002) have examined the exchange rates and stock price relationships for pakistan, india, bangladesh and sri lanka using monthly data from 1994 to 2000. Stock market news: latest stock news and updates on the economic times find stock market live updates, bse, nse top gainers, losers and more. The stock market crash of 1929 was a four-day collapse of stock prices that began on october 24, 1929 it was the worst decline in us history the dow jones industrial average dropped 25 percent.
Mr minhaz kamal khan, one of the sponsors of the company, has further reported that he has completed his sale of 50,000 shares of the company at prevailing market price through stock exchange as per declaration disseminated on 06092018. Using monthly data for market index and 46 actively traded individual firms from january 1991 through may 2003, we examine the efficiency of stock market of an emerging market we employ a battery of tests including variance ratio tests to examine the efficiency issue of bangladesh stock market. Market influencing factors, hedging in the share market, bangladeshi investors, stock market investment, behavioral finance, investors' psychology to cite this article.
In this study, the effect of the internet on the stock market trade volume and volatility has been enquired in the case of dhaka stock exchange in bangladesh the. Chinese stock market and main source of such profits is the lead-lag effect for indian market, both locke and gupta (2009) and chowdhury (2010) report presence of contrarian profits in. Abstract day of the week effect is an important calendar anomaly that has been observed in many stock markets in all over the world investors around the world are more concerned about the day which is best for trading because stock markets are speculative market.
Bangladesh's capital market, third-largest in south asia, turns out to be the latest turf in the strategic rivalry between china and india bourses from both countries are bidding for a 25%. Stock market crashes are an unavoidable side effect of any market where public attitudes play a role most major stock markets have experienced crashes at some point in history stock market crashes are by nature preceded by speculative economic bubbles. The 2010-11 bangladesh share market scam was a period of instability stock market from 2009 to 2011 the turmoil was in the two bangladeshi stock exchanges, dse and csethe market went up 62% in 2009, and 83% in 2010, but then went down 10% in january 2011, and a further 30% in february 2011.
Stock and mutual fund prices generally fluctuate because o the interplay of the various market forces that may affect a single issuer, industry or the financial market of the country net asset value of the funds may move unpredictably through the movement of stock prices. Time will tell trump's long-term effect, and for the market the waiting will be the hard part providing critical information for the us trading day subscribe to marketwatch's free need to. For recent market volatility of bangladesh, trade syndication or impact of decision by other regulatory bodies like bangladesh bank, is the most significant factors besides this, various policy and frequent. Effect of stock market crash the 2010-11 bangladesh share market scam is an ongoing share market turmoil in the two bangladeshi stock exchanges, dse and csemillions of small investors have lost all their investments due to the market crash.