Day of The Week Effect in Conventional and Islamic Stock Indexes
In this study, existence of day of the week (DOW) effect is examined pre/post subprime crisis periods and in terms of conventional/Islamic of indexes. Canada, Indonesia, Japan, UK and USA markets are examined for a period of 2003-2014. The findings of the study showed significant DOW effect for all...
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| Format: | Article |
| Language: | English |
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Istanbul Commerce University
2016-12-01
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| Series: | International Journal of Commerce and Finance |
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| Online Access: | http://ijcf.ticaret.edu.tr/index.php/ijcf/article/view/34 |
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doaj-a6d48af4f2a14681b52d3ca87cf45adf2020-11-24T20:41:37ZengIstanbul Commerce UniversityInternational Journal of Commerce and Finance2149-96082149-96082016-12-01227183Day of The Week Effect in Conventional and Islamic Stock IndexesEmin AvcıIn this study, existence of day of the week (DOW) effect is examined pre/post subprime crisis periods and in terms of conventional/Islamic of indexes. Canada, Indonesia, Japan, UK and USA markets are examined for a period of 2003-2014. The findings of the study showed significant DOW effect for all indexes, however such effect is not persistent. When DOW effect examined in terms of conventional and Islamic indexes of each market, there is not persistent conformity on the DOW effect for both indexes of the same markets. http://ijcf.ticaret.edu.tr/index.php/ijcf/article/view/34Day of the week effectSubprime crisis |
| collection |
DOAJ |
| language |
English |
| format |
Article |
| sources |
DOAJ |
| author |
Emin Avcı |
| spellingShingle |
Emin Avcı Day of The Week Effect in Conventional and Islamic Stock Indexes International Journal of Commerce and Finance Day of the week effect Subprime crisis |
| author_facet |
Emin Avcı |
| author_sort |
Emin Avcı |
| title |
Day of The Week Effect in Conventional and Islamic Stock Indexes |
| title_short |
Day of The Week Effect in Conventional and Islamic Stock Indexes |
| title_full |
Day of The Week Effect in Conventional and Islamic Stock Indexes |
| title_fullStr |
Day of The Week Effect in Conventional and Islamic Stock Indexes |
| title_full_unstemmed |
Day of The Week Effect in Conventional and Islamic Stock Indexes |
| title_sort |
day of the week effect in conventional and islamic stock indexes |
| publisher |
Istanbul Commerce University |
| series |
International Journal of Commerce and Finance |
| issn |
2149-9608 2149-9608 |
| publishDate |
2016-12-01 |
| description |
In this study, existence of day of the week (DOW) effect is examined pre/post subprime crisis periods and in terms of conventional/Islamic of indexes. Canada, Indonesia, Japan, UK and USA markets are examined for a period of 2003-2014. The findings of the study showed significant DOW effect for all indexes, however such effect is not persistent. When DOW effect examined in terms of conventional and Islamic indexes of each market, there is not persistent conformity on the DOW effect for both indexes of the same markets.
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| topic |
Day of the week effect Subprime crisis |
| url |
http://ijcf.ticaret.edu.tr/index.php/ijcf/article/view/34 |
| work_keys_str_mv |
AT eminavcı dayoftheweekeffectinconventionalandislamicstockindexes |
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1716824456486191104 |