Stock Market Performance During The Months Of Ramadan And Zulhijjah In Malaysia And Saudi Arabia
This research explores two Islamic spiritual events and its influence on the stock market,the events being the fasting month of Ramadan and the Pilgrimage month of Zulhijjah. The search covers two stock markets,Malaysia's and Saudi Arabia's markets. The study focuses on the performance of...
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Format: | Thesis |
Published: |
2011
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Summary: | This research explores two Islamic spiritual events and its influence on the stock market,the events being the fasting month of Ramadan and the Pilgrimage month of Zulhijjah. The search covers two stock markets,Malaysia's and Saudi Arabia's markets. The study focuses on the performance of the main index (KLCI) as well as five of the sector indices available. For Saudi market, Tadawul as the coverage is limited to the main index 9TASI) and the five sector indices equivalent to those of Bursa Malaysia. |
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