Monthly Seasonality in the Bucharest Stock Exchange

International Conference of Scientific Paper AFASES 2011 Brasov, 26-28 May 2011

6 Pages Posted: 10 Feb 2012

See all articles by Ramona Dumitriu

Ramona Dumitriu

University Dunarea De Jos Galati

Razvan Stefanescu

University Dunarea De Jos Galati

Costel Nistor

University Dunarea De Jos Galati

Date Written: March 6, 2011

Abstract

This paper investigates the existence of the monthly effects on the Romanian Stock Exchange. We employ the returns of the main indices and the trading volume and the trading values from the main components of the Bucharest Stock Exchange. We find different forms of monthly seasonality explainable by some characteristics of the stocks.

Keywords: Seasonality, Bucharest Stock Exchange, Efficient Market Hypothesis, Stock Market Anomalies

JEL Classification: G02, G10, G14

Suggested Citation

Dumitriu, Ramona and Stefanescu, Razvan and Nistor, Costel, Monthly Seasonality in the Bucharest Stock Exchange (March 6, 2011). International Conference of Scientific Paper AFASES 2011 Brasov, 26-28 May 2011. Available at SSRN: https://ssrn.com/abstract=2002401 or http://dx.doi.org/10.2139/ssrn.2002401

Ramona Dumitriu (Contact Author)

University Dunarea De Jos Galati ( email )

Romania

Razvan Stefanescu

University Dunarea De Jos Galati ( email )

Str. Domneasc─â, nr. 47
Galati, 800008
Romania

Costel Nistor

University Dunarea De Jos Galati ( email )

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
42
Abstract Views
641
PlumX Metrics