The paper's aim is to examine the immediate effect of Presidential elections on the Zimbabwe stock exchange [ZSE]. Using daily data from the general index on the ZSE, the study sought to examine the impact of Presidential elections on the stock market pre-election and post-election periods...

This paper gives an overview of some issues related to market valuation, focusing on the developments on the New York equity markets. The 42.4 p.c. fall in the S&P 500 price index between 24 March 2000 - when it reached its all-time high - and 31 December 2002 is situated in a very long term...