Citation

Wasiuzzaman, Shaista and Abdullah Al-Musehel, Noura (2018) Mood, religious experience and the Ramadan effect. International Journal of Emerging Markets, 13 (1). pp. 290-307. ISSN 1746-8809

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Abstract

Purpose – The purpose of this paper is to focus on the influence of mood/emotions and religious experience on Islamic stock markets during the Ramadan month. Design/methodology/approach – This study uses stock returns data of two countries – Saudi Arabia and Iran – from January 2008 to September 2014 and the ARMA-GARCH models to study impact of the Ramadan month on the return and volatility of the stock market in these two countries.

Item Type:	Article
Uncontrolled Keywords:	Stock exchanges, Investor sentiment, ARMA-GARCH models, Investor behaviour, Islamic stock markets, Ramadan effect
Subjects:	H Social Sciences > HG Finance > HG4501-6051 Investment, capital formation, speculation > HG4551-4598 Stock exchanges
Divisions:	Faculty of Management (FOM)
Depositing User:	Ms Rosnani Abd Wahab
Date Deposited:	18 Nov 2020 10:22
Last Modified:	18 Nov 2020 10:22
URII:	http://shdl.mmu.edu.my/id/eprint/7392

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