Returns Of Investment Tools In Recession Periods For Turkey

Şener, Sefer; Pirinçciler, Esin Cumhur

doi:10.1016/j.sbspro.2011.09.128

Cited by 2 publications

(2 citation statements)

References 11 publications

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“…Ibrahim and Aziz (2003) documented that a negative relationship exists between exchange rate and stock market for Malaysia between 1977 and 1998. Ozair (2006) observed that no causality nor co integration exist between the two variables for the US economy, his findings were in line with that of Nieh and Lee (2001) who discovered no significant causality exist between the dual but contradicts Vygodina Pan et al (2007) established the existence of bidirectional causality between exchange and stock price for Hong Kong before the 1997 Asian cries and a unidirectional causality between exchange rate and stock prices for the economies of Japan, Malaysia, Thailand, while Korea and Singapore exhibit unidirectional relationship from stock prices to exchange rate (Sener et al, 2011). Agrawal (2010) observed that no correlation exists between the two variables for the Indian economy using daily data from October 2007 to May 2009, and that unidirectional relationship exist running from stock return to exchange rate (Takeshi, 2008).…”

Section: Introductionsupporting

confidence: 70%

Impact of Oil Price Shocks and Exchange Rate Volatility on Stock Market Behavior in Nigeria

Lawal

Somoye

Babajide

2016

Binus Business Review

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The impact of exchange rate and oil prices fluctuation on the stock market has been a subject of hot debate among researchers. This study examined the impact of both the exchange rate volatility and oil price volatility on stock market volatility in Nigeria, so as to guide policy formulation based on the fact that the nation's economy was foreign induced and mono-cultured with heavy dependence on oil. EGARCH estimation techniques were employed to examine if either the volatility in exchange rate, oil price volatility or both experts on stock market volatility in Nigeria. The result shows that share price volatility is induced by both the exchange rate volatility and oil price volatility. Thus, it is recommended that policymakers should pursue policies that tend to stabilize the exchange rate regime on the one hand, and guarantee the net oil exporting position for the economy, that market practitioners should formulate portfolio strategies in such a way that volatility in both exchange rates and oil price will be factored in time when investment decisions are being made.

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Section: Introductionsupporting

confidence: 70%

Impact of Oil Price Shocks and Exchange Rate Volatility on Stock Market Behavior in Nigeria

Lawal

Somoye

Babajide

2016

Binus Business Review

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“…Sener and Pirinçciler [2] define financial investment as "generally using money in the hope of making more money". One of the factors which affect firm's growth is effective investments.…”

Section: Introductionmentioning

confidence: 99%

The Comparative Investigation of Investment and Manufacturing Company’s Portfolio with an Emphasis on Market Return: The Case of Tehran Stock Exchange

Jabbarzadeh¹,

Motavassel²,

Mamsalehi³

2013

BEJ

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The aim of this study is to conduct a comparative investigation of investment and manufacturing company's portfolio with an emphasis on market return in firms listed in Tehran Stock Exchange (TSE). Statistical sample of the research includes 14 investment firms and 14 manufacturing companies which are studied during the period of 2005 to 2009. Jensen model is used to calculate exceed return over market. The results indicate that both investment and manufacturing companies obtain higher return than market return. However, the return obtained by investment firms is higher than manufacturing companies indicating that investment firms have better performance than both market return and manufacturing firms.

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Returns Of Investment Tools In Recession Periods For Turkey

Cited by 2 publications

References 11 publications

Impact of Oil Price Shocks and Exchange Rate Volatility on Stock Market Behavior in Nigeria

Impact of Oil Price Shocks and Exchange Rate Volatility on Stock Market Behavior in Nigeria

The Comparative Investigation of Investment and Manufacturing Company’s Portfolio with an Emphasis on Market Return: The Case of Tehran Stock Exchange

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