This paper attempts to examine the day of the week effects on the Development and Enterprise market (DEM) on the Stock Exchange of Mauritius. Using observations as from the year the DEM started its operation, i.e 2006 to 2009, the study reveals the presence of a Friday effect. The returns are...

This paper attempts to examine the day of the week effects on the Development and Enterprise market (DEM) on the Stock Exchange of Mauritius. Using observations as from the year the DEM started its operation, i.e 2006 to 2009, the study reveals the presence of a Friday effect. The returns are...

The aim of this paper is to examine whether the Capital Asset Pricing Model (CAPM) is able to explain the stock returns in the Mauritian stock market. The sample in the present study consists of all securities listed on the official market of the Stock Exchange of Mauritius (SEM). Using data...

One of the main objectives of accounting systems is to provide investors with relevant information that may be useful in decision making for efficient resource allocation. This paper investigates the value relevance of accounting number in Mauritius through the implementation of six models....

This article investigates the effects of any seasonality on stock market returns and volatility on the Stock Exchange of Mauritius. A standard GARCH model was used on daily SEMDEX returns from 1998 to 2006. The results obtained indicate that the return series are leptokurtic, indicating a higher...

Purpose: This study constructs time series model, artificial neural networks (ANNs) and statistical topologies to examine the volatility and forecast foreign exchange rates. The Mauritian forex market has been utilized as a case study, and daily data for nominal spot rate (during a time period...

Purpose: The purpose of this study is to investigate the impact of idiosyncratic and macroeconomic risks on capital structure on SADC countries. Design/methodology/approach: Employing data from the African Financials database, the analysis is conducted over a ten year period spanning from 2009...