Stock prices synchronicity in both emerging and developed countries.

• Main Authors: Goh, Chun Kiat., Koh, Wei Teck., Ng, Chun Kiat.
• Other Authors: Lau, Sie Ting
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Equity
• Online Access: http://hdl.handle.net/10356/9711
• Institution: Nanyang Technological University

Stock price movements are more synchronous in poor economies than in rich economies. We propose that a well developed stock market promote informed arbitrage, which capitalized firm-specific information.