Return Anomalies in the Kuwaiti Stock Market
Saad B F M AlHajraf ORCID ↗
International Journal of Research in Business and Social Science · 2021 · Vol. 10 / Issue 2 · 212-216
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Abstract
This paper intends to investigate the existence of daily return anomalies and the weekend effect within Boursa Kuwait, Kuwait’s stock exchange. Kuwait as an economy has continued to be opened up to foreign investment and as foreign funds being to flood into the market; return anomalies akin to those within international markets begin to materialize, bringing new opportunities for abnormal returns and arbitrage. The premise of this paper is the existence of the January effect and the Weekend effect, and uses econometric methods in support of their existence, bringing into question the challenges to market efficiency and the changing landscape for investors and their strategies.
Keywords: {'name': 'Retun Anomalies: Kuwaiti Stock market; January Effect; Weekend Effect'}
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Saad B F M AlHajraf
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Deposited references
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