Testing the price-volume relation in emerging Asian stock markets

Moosa, Imad A.; Al-Loughani, Nabeel E.

doi:10.1016/1049-0078(95)90007-1

Cited by 29 publications

(30 citation statements)

References 29 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…These results are consistent with those of Moosa and A-Loughani (1995), Silvapulle and Choi (1999), Khan and Rizwan (2008), which reported bidirectional causal relationship to some Asian stock markets, and some emerging European markets such as Hungary, Poland, and Russia, (Gunduz and Hatemi-J 2005), and to small developed markets such as Switzerland, Netherlands, Turkey, and Hong Kong ), Ajayi et.al. (2003 and Kamath (2003).…”

Section: Test For Granger Causalitysupporting

confidence: 81%

“…For the Asian emerging markets, Moosa and Al Loughani (1995) tested the price-volume relation in four Asian stock markets using monthly data. They found strong evidence for causality running from volume to absolute price changes, and from price changes to volume in Malaysia, Singapore and Thailand, but no causality for the Philippines due to the small size of this market.…”

Section: Empirical Studiesmentioning

confidence: 99%

See 1 more Smart Citation

Testing the Contemporaneous and Causal Relationship between Trading Volume and Return in the Palestine Exchange

Darwish¹

2012

IJEF

View full text Add to dashboard Cite

This study examines the causal relationship between return and trading volume in the Palestine Exchange. Using weekly trading volume and returns over the period from October 2000 to August 2010, the study employs GARCH (1,1) model to test the existence of the positive contemporaneous relationship. The study found that the relationship preserves after taking heteroskedasticity into account. Moreover, the results of Granger causality test show that there is bidirectional Granger causality between returns and trading volume, regardless of the measures of trading volume used.

show abstract

Section: Test For Granger Causalitysupporting

confidence: 81%

Section: Empirical Studiesmentioning

confidence: 99%

Testing the Contemporaneous and Causal Relationship between Trading Volume and Return in the Palestine Exchange

Darwish¹

2012

IJEF

View full text Add to dashboard Cite

show abstract

“…Research started first in emerging stock markets. Research of Moosa and Al-Louhani Moosa (1996) pointed out the one-way relationship in the Malaysian market, two-way relationship in the stock market in Singapore and Thailand. However, there is no relationship between price and stocks on the stock market in Philippines.…”

Section: Literature Reviewsmentioning

confidence: 99%

The Causality Relationship between Hnx Index and Stock Trading Volume in Hanoi Stock Exchange

Duy¹,

Hau²

2017

IJAEMS

View full text Add to dashboard Cite

show abstract

“…Assogbavi, Khoury and Yourougou (1995) evaluate the relationship between trading volume and absolute price changes and unadjusted price changes and trading volume. Moosa and Loughani (1995) and Saatcioglu and Starks (1998) examine the relationship between trading volume and price changes. Other studies focus on causality between daily stock returns and trading volume such as Chen and Liau (2004) and Moosa and Loughani (1995).…”

Section: Introductionmentioning

confidence: 99%