Making political capital:the behaviour of UK financial markets during Election 97

Steeley, James M. (2003). Making political capital:the behaviour of UK financial markets during Election 97. Applied Financial Economics, 13 (2), pp. 85-95.

Abstract

This article examines the behaviour of the UK capital markets during the overnight trading period that coincided with the announcement of the results of the UK general election in May 1997. Evidence that the financial markets responded to the evolving pattern of results is found. In addition, the consensus move experienced as the markets opened the next trading day was influenced by the extent of the moves that had already occurred overnight.

Publication DOI: https://doi.org/10.1080/09603100210100873
Divisions: Aston Business School > Accounting
Aston Business School > Accounting Research Group
Uncontrolled Keywords: UK capital markets,general election,UK,1997
Full Text Link: http://www.informaworld.com/openurl?genre=article&issn=0960-3107&volume=13&issue=2&spage=85
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Published Date: 2003-02
Authors: Steeley, James M. ( 0000-0003-0345-5089)

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