Journal of Accounting and Investment
Vol 5, No 2: July 2004

Analisis Pengaruh Day of The Week Effect terhadap Return Saham di Bursa Efek Jakarta

Arum Indrasari (Universitas Muhammadiyah Yogyakarta)
Afrizal Tahar (Universitas Muhammadiyah Yogyakarta)



Article Info

Publish Date
29 Jan 2016

Abstract

Some of the people have believed in the superstitions in which there exists “good days” for doing  activities, including to start business and investment. The purpose of this paper is to disclose to what extent the phenomenon of market anomaly is feasible in Jakarta Stock Exchange in connection to the existence of the effect of “good days” for trading on daily stock returns. Based on the research result, we found the there exist distinction in daily stock return and abnormal returns particularly on Tuesday and Wednesday.

Copyrights © 2004






Journal Info

Abbrev

ai

Publisher

Subject

Economics, Econometrics & Finance

Description

JAI receives rigorous articles that have not been offered for publication elsewhere. JAI focuses on the issue related to accounting and investments that are relevant for the development of theory and practices of accounting in Indonesia and southeast asia especially. Therefore, JAI accepts the ...