Comparative studies of the share price indices

The purpose of this study is to find out if the various indices accurately measure the price movements of all the shares in the securities market and whether there is an index which can be used as a representative of the rest of the indices in Singapore, today. The impetus of this report arises a...

Full description

Saved in:
Bibliographic Details
Main Authors: Lim, Sin Chiat, Tan, Susie Sze Sze, Toh, Wee Keng
Other Authors: Tan Khye Chong
Format: Final Year Project
Language:English
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10356/63044
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Nanyang Technological University
Language: English
Description
Summary:The purpose of this study is to find out if the various indices accurately measure the price movements of all the shares in the securities market and whether there is an index which can be used as a representative of the rest of the indices in Singapore, today. The impetus of this report arises as currently there is no readily available and up-to-date information about the Singapore indices. The study covered the comparative studies and the correlation studies between the various indices in the Singapore and the Malaysia market from May 1990 to October 1993. Analysis of the results found that all the indices are strikingly similar to one another. Besides, the correlation studies have also shown a high degree of correlation between the Singapore and the Malaysia markets. In order to fulfil the objectives ofthe studies, it is recommended that future project groups take note of the change in the list of companies for the various indices with the incorporation of the Singapore Telecom on November 1993. The market has shown significant uptrend recently (after October 1993), hitting consecutive new highs. This might be an interesting part to dwell on as it may lead to widening of the differences between the share price indices