Document Details

Document Type : Article In Journal 
Document Title :
Testing Efficiency Performance of Saudi Stock Market
قياس كفاءة سوق المال السعودي
 
Document Language : English 
Abstract : Stock market inefficiency has important implications for both investors and authorities. When stock market fails to perform the “sensitive processor” role, investors should doubt the strategy “hold-the-market” and adopt the strategy “beat-the-market” to pick up the winners. In this paper a number of statitical tests are applied on individual and on sectoral price indices, as well as on the aggregate price index of Saudi stock exchange Market. The results of the tests reject the hypothesis of the random walk at all levels of stock price indices. 
ISSN : 1319-0997 
Journal Name : Economics and Administration Journal 
Volume : 23 
Issue Number : 2 
Publishing Year : 1430 AH
2009 AD 
Article Type : Article 
Added Date : Monday, January 25, 2010 

Researchers

Researcher Name (Arabic)Researcher Name (English)Researcher TypeDr GradeEmail
إبراهيم أحمد أونورOnour, Ibrahim A.ResearcherDoctorateibonour@hotmail.com

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 24913.pdf pdf 

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