EFFECTS ON INDEX CHANGES ON THE SHARE PRICE AND VOLUME: BIST 30 APPLICATION
ENDEKS DEĞİŞİKLİĞİNİN HİSSE SENEDİ FİYAT VE İŞLEM HACMİ ÜZERİNDEKİ ETKİSİ: BİST 30 UYGULAMASI

Author : Ahmet BAYRAKTAR
Number of pages : 296-312

Abstract

The BIST National 30 Index consists of 30 stocks selected according to market size, liquidity and industry group representation. In this study, price and transaction volume data of stocks included in BİST 30 Index between 2011 and 2018 are examined. Mobility has been observed in the price and transaction volume data for the stocks included in the index. Prices of stocks included in the index increase significantly at the announcement and application dates, and decrease in the period after the application date. It has been found that there is a significant increase in transaction volume in the pre-accession period and in the implementation period. The increase in transaction volume is especially high in the days around the announcement of inclusion.

Keywords

Price, Volume, Index Effect

Read: 757

Download: 228