Inter-counter linkage in Kuala Lumpur Stock Exchange returns
This paper investigates the linkages among daily returns of the Kuala Lumpur Stock Exchange (KLSE) counters over the period 7 July 1995 to10 August 1999. It examines the dynamic causal linkages among nine counters and then quantifies the extent of their dynamic interdependencies through the applicat...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Sunway University College
2004
|
| Subjects: | |
| Online Access: | http://eprints.sunway.edu.my/4/1/Inter-counter%20linkage%20in%20Kuala%20Lumpur%20Stock%20Exchange%20returns.pdf http://eprints.sunway.edu.my/4/ |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | This paper investigates the linkages among daily returns of the Kuala Lumpur Stock Exchange (KLSE) counters over the period 7 July 1995 to10 August 1999. It examines the dynamic causal linkages among nine counters and then quantifies the extent of their dynamic interdependencies through the application of time series econometric technique of Granger causality tests. The counters selected are mining, consumer product, finance, industrials, industrial product, properties, construction, plantations, and trading?services. The findings successfully establish the existence of inter-linkages among the nine selected counters. |
|---|