Memon, Bilal Ahmed; Yao, Hongxing; Tahir, Rabia - In: Financial innovation : FIN 6 (2020) 2, pp. 1-14
To examine the interdependency and evolution of Pakistan’s stock market, we consider the cross-correlation coefficients of daily stock returns belonging to the blue chip Karachi stock exchange (KSE-100) index. Using the minimum spanning tree network-based method, we extend the financial...