The main purpose of this paper is to especially examine the effect of diversification in both cases like naive portfolios and differently weighted portfolios and find out in which cases greater diversification effect is obtained. For this purpose the monthly closing prices of 179 companies...

The main purpose of this paper is to examine the day of the week effect on stock market return and volatility in Dhaka Stock Exchange (DSE). For this purpose, the daily series of DSE Broad Index (DSEX) data for the period of Jan 2013 to June 2017 have been considered. Three multi-variate...