文章基本信息

标题：Does January Effect Exist in Bangladesh?
本地全文：下载
作者：A. F. M. Mainul Ahsan ; Ahasan Sarkar
期刊名称：International Journal of Business and Management
印刷版ISSN：1833-3850
电子版ISSN：1833-8119
出版年度：2013
卷号：8
期号：7
页码：82
DOI：10.5539/ijbm.v8n7p82
出版社：Canadian Center of Science and Education
摘要：
This paper examines existence of January effect in Dhaka Stock Exchange (DSE) in Bangladesh. Regression
model combined with dummy variables and monthly DSE All Share Price Index (DSI) from January 1987 to
November 2012 has been used to test January effect in the stock return in DSE. It was empirically found that,
although January anomaly doesn’t exist in DSE, there is significant positive return in June which raises question
against efficient market hypothesis (EMH). Thus, there is an opportunity for investors to take advantage of this
June anomaly.