Stock Market Anomalies: Case of Calendar Effects on the Tunisian Stock

1
Amira Kaddour
Amira Kaddour
2
Jihen Jbenieni Gouider
Jihen Jbenieni Gouider
3
Azza Hmaid
Azza Hmaid
1 University of Carthage TUNISIA.

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The aim of this work is to analyze the effect of financial market anomalies, specifically calendar anomalies, on the behavior of financial investors in terms of decisions and profit. Analyzed in the context of Tunisian financial market into two periods; with two different political regimes, this work examines four calendar effects, which are the weekend effect, the end of the month effect, the January effect and Ramadhan one, contrary to previous studies that have focused on a single effect.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Not applicable for this article.

Amira Kaddour. 2015. \u201cStock Market Anomalies: Case of Calendar Effects on the Tunisian Stock\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 15 (GJMBR Volume 15 Issue B2): .

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GJMBR Volume 15 Issue B2
Pg. 27- 37
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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-B Classification: JEL Code: H54
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v1.2

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May 12, 2015

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English

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The aim of this work is to analyze the effect of financial market anomalies, specifically calendar anomalies, on the behavior of financial investors in terms of decisions and profit. Analyzed in the context of Tunisian financial market into two periods; with two different political regimes, this work examines four calendar effects, which are the weekend effect, the end of the month effect, the January effect and Ramadhan one, contrary to previous studies that have focused on a single effect.

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Stock Market Anomalies: Case of Calendar Effects on the Tunisian Stock

Jihen Jbenieni Gouider
Jihen Jbenieni Gouider
Amira Kaddour
Amira Kaddour University of Carthage TUNISIA.
Azza Hmaid
Azza Hmaid

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