The day of the week effect on Qatari financial market returns
Joint Authors
Kifani, Chahidah
Fattuhi, Khadijah
Source
Issue
Vol. 18, Issue 1 (30 Jun. 2022), pp.83-92, 10 p.
Publisher
Publication Date
2022-06-30
Country of Publication
Algeria
No. of Pages
10
Main Subjects
Banking and Financial Sciences
Topics
Abstract EN
This study examines the presence of one of the prominent anomalies which is the day of the week effect anomaly in Arab stock exchange Qatari.
data available for daily returns Qatar stock market index QSI in the extended period from 01 / 02 / 2018 until 06 / 07 / 2021.
this paper attempts to test whether the effect of the day of the week exists in returns.
thus, to investigate these effects on stock returns using garch (1.1) and OLS models.
our results indicate that there is a negative, statistically significant effect of Monday on the returns of the Qatari stock market.
while the average returns of Wednesday's regression analysis are positive and statistically significant.
American Psychological Association (APA)
Fattuhi, Khadijah& Kifani, Chahidah. 2022. The day of the week effect on Qatari financial market returns. Les Cahiers du MECAS،Vol. 18, no. 1, pp.83-92.
https://search.emarefa.net/detail/BIM-1377973
Modern Language Association (MLA)
Fattuhi, Khadijah& Kifani, Chahidah. The day of the week effect on Qatari financial market returns. Les Cahiers du MECAS Vol. 18, no. 1 (Jun. 2022), pp.83-92.
https://search.emarefa.net/detail/BIM-1377973
American Medical Association (AMA)
Fattuhi, Khadijah& Kifani, Chahidah. The day of the week effect on Qatari financial market returns. Les Cahiers du MECAS. 2022. Vol. 18, no. 1, pp.83-92.
https://search.emarefa.net/detail/BIM-1377973
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 92
Record ID
BIM-1377973
