Citation
Wee, Win Yeoh (2023) The impact of NYSE market index growth on investors’ trading volume. Issues and Perspectives in Business and Social Sciences, 3 (1). pp. 19-22. ISSN 2785-9266
Text
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Abstract
Investors’ behaviour tends to be affected by various factors, including the shift in the market index growth. Thus far, there is no concrete evidence that support the association between market index growth and trading volume growth. This study therefore tested the relationship between these two variables in a longitudinal study involving market data that covers a period of 20 years. The existing literatures have provided support that a significant, positive association exists between market index growth and trading volume in the NYSE market. The result, however, does not support this notion. Instead, the relationship between market index growth and trading volume was found to be significantly negative.
Item Type: | Article |
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Uncontrolled Keywords: | Market index, Trading volume, NYSE market index, Investors' behaviour |
Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD2350.8-2356 Large industry. Factory system. Big business > HD2709-2930.7 Corporations. Including international business enterprises, diversification, industrial concentration, public utilities |
Depositing User: | Ms Nurul Iqtiani Ahmad |
Date Deposited: | 17 Apr 2023 00:19 |
Last Modified: | 17 Apr 2023 00:19 |
URII: | http://shdl.mmu.edu.my/id/eprint/11355 |
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