EFFECT OF INVESTOR SENTIMENT ON FUTURE RETURNS IN THE NIGERIAN STOCK MARKET

EFFECT OF INVESTOR SENTIMENT ON FUTURE RETURNS IN THE NIGERIAN STOCK MARKET

The study examined the effect of investor sentiment on future returns in the Nigerian stock market. The OLS regression and granger causality techniques were employed for data analyses. The results showed that (1) investor sentiment has a significant positive effect on stock market returns even after...

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Bibliographic Details
Main Authors: Udoka Bernard Alajekwu, Michael Chukwumee OBIALOR, Cyprian Okey OKORO
Format: Article
Language:English
Published: Editura Fundatiei Romania de Maine 2017-06-01
Series:Annals of Spiru Haret University Economic Series
Subjects:
Investor sentiment, Nigerian stock market, stock returns, consumer confidence index, noise trading.
Online Access:http://anale.spiruharet.ro/index.php/economics/article/view/836

Internet

http://anale.spiruharet.ro/index.php/economics/article/view/836

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