Aktas, Ramazan; Doganay, M. Mete - In: Journal of BRSA Banking and Financial Markets 1 (2007) 2, pp. 77-92
This paper uses cluster analysis, a multivariate statistical technique to classify emerging stock markets that have similarities into different groups. A number of key market data such as number listed companies, market capitalization, trading volume, turnover ratio, percentage change in price...