The behavior of stock prices in the GCC markets
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The behavior of stock prices in the GCC markets

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Published by Economic Research Forum for the Arab Countries, Iran & Turkey in Dokki, Cairo .
Written in English


Book details:

Edition Notes

Other titlesBehaviour of stock prices in the GCC markets
StatementRiad Dahel and Belkacem Laabas
SeriesWorking paper series -- 9917
Classifications
LC ClassificationsMicrofiche 2011/52118 (H)
The Physical Object
FormatMicroform
Pagination17 p.
Number of Pages17
ID Numbers
Open LibraryOL25360268M
LC Control Number2011334987

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  GCC stock markets may also be sensitive to the daily or weekly movements of stock prices in the US stock exchanges because GCC investors invest in both sets of by: Request PDF | Behavior of GCC stock markets and impacts of US oil and financial markets | In this paper we analyse evidence for level breaks in the price series comprising the NASDAQ index. BEHAVIOR OF STOCK-MARKET PRICES 35 II. THEORY OF RANDOM WALKS IN STOCK PRICES The theory of random walks in stock prices actually involves two separate hypotheses: (1) successive price changes are independent, and (2) the price . In Kuwait’s case, negative oil price changes exert larger impacts on stock returns than positive oil price changes. When considering the asymmetry with respect to the magnitude of oil price variation, we find that Oman’s and Qatar’s stock markets are more sensitive to large oil price .

  Since GCC countries are major world energy market players, their stock markets are likely to be susceptible to oil price. We show that there is evidence for cointegration between oil prices and stock markets in GCC countries, while the SUR results indicate that oil price increases have a positive impact on stock prices. THE BEHAVIOR OF STOCK-MARKET PRICES. In The Journal of Business, Vol. XXXVIII, January , No. 1. [Stock price movements are a Random Walk]. [FAMA, Eugene F.] on *FREE* shipping on qualifying offers. THE BEHAVIOR OF STOCK-MARKET PRICES. In The Journal of Business, Vol. XXXVIII, January , No. 1. [Stock price Author: Eugene F. FAMA.   Gulf Cooperation Council (GCC) stock markets are not weak form efficient, as past price movements of one GCC market can be used to predict the current price movement of another GCC stock market . Downloadable (with restrictions)! This paper investigates the time-varying levels of weak-form market efficiency for the GCC stock markets over the period spanning from May to September .

workingpaper choolofmanagement p^^ ki/si onatheoryofstockpricebehavior on ' &^au>.. massachusetts instituteoftechnology. Stock Price Behavior and Market Efficiency “One of the funny things about the stock market is that every time one man buys, another sells, and both think they are astute.” William Feather “There are .   For this purpose, the stock markets in the Gulf Cooperation Council (GCC) countries provide fertile ground for research as the performance of stock markets in these countries has a strong link with the behavior of oil prices (see Fig. 1). Download: Download high-res image (KB) Download: Download full-size image; Fig. 1. Nominal stock. Get this from a library! Oil prices and GCC stock markets: new evidence from smooth transition models. [Nidhaleddine Ben Cheikh; Samy Ben Naceur; Oussama Kanaan; Christophe Rault] -- Our paper examines the effect of oil price changes on Gulf Cooperation Council (GCC) stock markets .