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- W2289575358 abstract "The research paper was aimed to find the integration between Karachi Stock Exchange and Bombay Stock Exchange. A daily data of stock prices from Nov 2009 to Dec 2012 has been obtained and their geometric returns are calculated as mentioned in Ahmad and Husain (2007). Stock returns were found integrated of order zero. Johanson Cointegration test is applied over historical returns of both the stock market returns in order to capture existence of cointegration. Result shows that, Trace-statistics and Eigen-values, fall within the critical region, i.e. their p-value is less than 0.05, and hence it is concluded on the bases of stochastic process and econometric evidence that Karachi Stock Exchange and Bombay Stock Exchange are not cointegrated. Keywords: KSE, BSE, Cointegration" @default.
- W2289575358 created "2016-06-24" @default.
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- W2289575358 date "2016-01-01" @default.
- W2289575358 modified "2023-09-24" @default.
- W2289575358 title "Are Karachi Stock Exchange and Bombay Stock Exchange" @default.
- W2289575358 hasPublicationYear "2016" @default.
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