The Turn-of-the-Month anomaly in the New Zealand Stock Exchange
The turn-of the-month (TOM, hereafter) effect refers to the phenomenon of stock returns being higher during the first few trading days of each month. This study aims to investigate the presence of the TOM effect in the New Zealand Stock Exchange and also attempts to find out why such an anomaly exis...
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| Other Authors: | , |
| Format: | Others |
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Auckland University of Technology,
2018-04-06T03:11:47Z.
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| Online Access: | Get fulltext |