Information processing and the UK weekend effect:Do investors cut their losses on Mondays?

Steeley, James M. (2004). Information processing and the UK weekend effect:Do investors cut their losses on Mondays? Applied Economics Letters, 11 (14), pp. 895-899.

Abstract

This paper complements earlier work by the author that shows that the pattern of information arrivals into the UK stock market may explain the behaviour of returns. It is argued that delays or other systematic behaviour in the processing of this information could compound the impact of information arrival patterns. It is found, however, that this does not happen, and so it is the arrival and not the processing of news that is most important. © 2004 Taylor & Francis Ltd.

Publication DOI: https://doi.org/10.1080/1350485042000263890
Divisions: Aston Business School > Accounting
Aston Business School > Accounting Research Group
Uncontrolled Keywords: pattern of information arrivals,UK stock market,behaviour of returns,Economics and Econometrics
Full Text Link: http://www.info ... ue=14&spage=895
Related URLs: http://www.scop ... tnerID=8YFLogxK (Scopus URL)
Published Date: 2004-11-15
Authors: Steeley, James M. ( 0000-0003-0345-5089)

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