The Relationship between Stock Return and Trading Volume in Malaysian ACE Market

Yıl 2016, Cilt: 6 Sayı: 7, 271 - 278, 01.10.2016

Afiruddin Tapa Maziah Hussin

https://izlik.org/JA95NF94TK

Öz

The relationship between stock return and trading volume in Malaysian ACE market has been analysed in this study. There are two objectives of
conducting the analysis; (1) to investigate the relationship between stock return and trading volume in Malaysian ACE market, and; (2) to conclude
whether the relationship of trading volume and stock return on Malaysian ACE market is consistent with the weak-form of the efficient market
hypothesis (EMH). The empirical result proves a significant positive contemporaneous relationship between stock return and trading volume. Thus,
the first objective is satisfied. Second objective is proven that Malaysian ACE market is contradicted with the weak-form of e-EMH.

Anahtar Kelimeler

stock return , trading volume , Malaysian ACE market