First year price trends for new issues on the Singapore stock exchange

• Main Authors: Ow, Fook Chuen, Wong, Max Wai Hong, Tan, Vincent Hwa Huat
• Other Authors: Nanyang Business School
• Format: Final Year Project
• Language: English
• Published: 2014
• Subjects: DRNTU::Business::Accounting
• Online Access: http://hdl.handle.net/10356/59718
• Institution: Nanyang Technological University

This study investigates the first year performance of new issues on the Stock Exchange of Singapore (SES). The objectives are aimed at studying whether investors are able to gain excess returns by investing in initial public offerings (IPOs) on their first day of trading and whether the average pric...