Individual investors’ sentiment and Malaysian IPO aftermarket performance: evidence from pre-market and post-market / Siti Shahirah Saleh and Norliza Che-Yahya

• Main Authors: Saleh, Siti Shahirah, Che-Yahya, Norliza
• Format: Book Section
• Language: English
• Published: Center for Islamic Philanthropy and Social Finance (CIPSF) 2021
• Subjects: Investment, capital formation, speculation; Malaysia; Stock exchanges. Insider trading in securities
• Online Access: https://ir.uitm.edu.my/id/eprint/52117/1/52117.pdf; https://ir.uitm.edu.my/id/eprint/52117/; https://www.acbess2021.com/

IPO aftermarket performance, particularly in the early listing days, can be viewed from two main aspects: initial return and trading volume. Past studies report that individual investors’ sentiment explains IPO aftermarket performance. However, the influence of individual investors’ sentiment in the...