Seasonal effects: Evidence from emerging African stock markets
The paper investigates seasonal effects in seventeen indices on nine African stock markets using regression analysis and the Kruskal-Wallis and Chi-square Median tests. Significant seasonal effects are found on some, but not all indices. The strongest effect observed is the month-of-the-year effect...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
AOSIS
2006-09-01
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| Series: | South African Journal of Business Management |
| Online Access: | https://sajbm.org/index.php/sajbm/article/view/606 |