Random Walks on the Stock Exchange of Singapore

• Main Authors: HWANG, Soo Chiat, Finn, F.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 1983
• Subjects: Accounting; Asian Studies; Portfolio and Security Analysis
• Online Access: https://ink.library.smu.edu.sg/soa_research/444; http://dx.doi.org/10.1111/j.1467-629X.1983.tb00044.x
• Institution: Singapore Management University

Efficient security markets are well-known in developed countries and are a factor that foreign investors depend on. Information on the efficiency of security markets in less-developed countries is not as well-known. Analysis of the Singapore Stock Exchange reveals a 'weak form' of the hypo...