Abbas, Ghada - In: International Journal of Academic Research in … 4 (2014) 4, pp. 317-325
, few studies have been carried out to test the randomness of returns series on less developed markets. Damascus securities … exchange is a young and nascent market in the Middle Eastern, started its operations in 2009; therefore, there is no empirical … evidence testing the validity of random walk process. This paper examines whether daily stock returns on Damascus Securities …