Holiday effects in the South African futures market
International and local research in share markets offered evidence of a holiday effect. Pre-holiday mean returns are significantly higher than on other trading days. The holiday effect cannot be separated from the weekend effect, as holidays which fall on Fridays and Mondays also influence the weeke...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
AOSIS
1998-09-01
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| Series: | South African Journal of Business Management |
| Online Access: | https://sajbm.org/index.php/sajbm/article/view/777 |