An efficient stock market plays an important role in stimulating economic development through providing a channel for mobilising domestic savings and facilitating the allocation of financial resources from dormant to more productive activities. This paper evaluates the Ugandan Securities...

Efficient stock market plays important role in stimulating economic development through providing channel for mobilising domestic savings and facilitating the allocation of financial resources from dormant to more productive activities. This paper evaluates the Ugandan Securities Exchange (USE)...

This paper investigates the existence of stock returns seasonality on the Nigerian Stock Exchange (NSE). Regression-based approach was used to analyse the monthly stock return data for seasonal pattern from January 1985 to March 2011. The full sample was divided into three sub-sample periods...

It is no news that the global economic crisis has led to shortage of financial resources and to a general downturn in stock prices across the globe. Forecasting stock prices will provide a way to anticipate and perhaps avoid the risk of a large adverse change in prices. This paper, therefore,...