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https://hdl.handle.net/10356/59718
Title: | First year price trends for new issues on the Singapore stock exchange | Authors: | Ow, Fook Chuen Wong, Max Wai Hong Tan, Vincent Hwa Huat |
Keywords: | DRNTU::Business::Accounting | Issue Date: | 1995 | Abstract: | This study investigates the first year performance of new issues on the Stock Exchange of Singapore (SES). The objectives are aimed at studying whether investors are able to gain excess returns by investing in initial public offerings (IPOs) on their first day of trading and whether the average price pattern observed for the entire group of IPOs is consistent with the efficient market hypothesis. | URI: | http://hdl.handle.net/10356/59718 | Schools: | Nanyang Business School | Rights: | Nanyang Technological University | Fulltext Permission: | restricted | Fulltext Availability: | With Fulltext |
Appears in Collections: | NBS Student Reports (FYP/IA/PA/PI) |
Files in This Item:
File | Description | Size | Format | |
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OW_FOOK_CHUEN_1995.pdf Restricted Access | Main Report | 10.9 MB | Adobe PDF | View/Open |
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