The day of the week effects in stockmarkets of countries with predominantly Muslim populations

Yardimci B., ERDEM S.

INTERNATIONAL JOURNAL OF ISLAMIC AND MIDDLE EASTERN FINANCE AND MANAGEMENT, cilt.13, sa.2, ss.195-218, 2020 (SSCI) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 13 Sayı: 2
  • Basım Tarihi: 2020
  • Doi Numarası: 10.1108/imefm-06-2018-0199
  • Dergi Adı: INTERNATIONAL JOURNAL OF ISLAMIC AND MIDDLE EASTERN FINANCE AND MANAGEMENT
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
  • Sayfa Sayıları: ss.195-218
  • Anahtar Kelimeler: Muslim countries, Calendar anomalies, Day of the week effect, GARCH model, STOCK RETURNS, CALENDAR ANOMALIES, INVESTOR SENTIMENT, VOLATILITY, RAMADAN, IMPACT
  • Dokuz Eylül Üniversitesi Adresli: Evet

Özet

Purpose - The purpose of this paper is to investigate the day of the week (DoW) effect in stock markets of 19 countries with a predominantly Muslim population over the world.