Jayawardena, Nirodha Imali; Omura, Akihiro; Li, Bin - In: International Journal of Managerial Finance 15 (2019) 4, pp. 658-668
Purpose: The purpose of this paper is to examine what the optimal time is in a typical trading day for investors to buy/sell stocks in the Australian stock market. Design/methodology/approach: The study mainly focuses on the S&P/ASX200. Each trading day, between 10:00 a.m. and 4:00 p.m., is...