Stock Price Behavior In A Less Devel-oped Market: Evidence From Sri Lanka

Main Article Content

Tanweer Hasan
Roosevelt University

Lalith P. Samarakoon
University of Sri Jayewardenepura

Shahriar Hasan
SAG Corporation, Falls Church, VA

Keywords

Abstract

This study analyzes price behavior of stocks listed in the Colombo Stock Exchange (CSE) in Sri Lanka using daily closing prices of two indices, the All Share Price Index and the Sensitive Price Index, over the period January 1985 through December 1995.  Results documented in the current study clearly indicate that the CSE does not conform to the weak-form of the Efficient Market Hypothesis.

Downloads

Download data is not yet available.
Abstract 256 | PDF Downloads 195

Article Sidebar

PDF
Published
Apr 1, 2000
DOI https://doi.org/10.19030/jabr.v16i2.2033

Article Details

How to Cite
Hasan, T., Samarakoon, L. P., & Hasan, S. (2000). Stock Price Behavior In A Less Devel-oped Market: Evidence From Sri Lanka. Journal of Applied Business Research (JABR), 16(2). https://doi.org/10.19030/jabr.v16i2.2033
Issue
Vol. 16 No. 2 (2000)
Section
Articles