Testing the efficient market hypothesis on the Nairobi Securities Exchange
This paper tests the weak-form of the efficient market hypothesis (EMH) of the Nairobi Securities Exchange (NSE) using daily and weekly index data from the NSE 20 share index over the period, January 2001 to January 2015 and the NSE All Share Index (ASI) from its initiation, in February 2008 to Janu...
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| Format: | Article |
| Language: | English |
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LLC "CPC "Business Perspectives"
2016-08-01
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| Series: | Investment Management & Financial Innovations |
| Online Access: | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7623/imfi_en_2016_03_Njuguna.pdf |