The day-of-the week effect in the Athens Stock Exchange
Abstract
The paper examines the day -of- the week effect in the Athens Stock Exchange using the
prices of the general index along with five other sector indices for the period 1994 to 1999. We
find that the day -of- the week effect is present in the Greek stock market, especially in the
subperiod 1997-1999.
prices of the general index along with five other sector indices for the period 1994 to 1999. We
find that the day -of- the week effect is present in the Greek stock market, especially in the
subperiod 1997-1999.
Keywords
Χρηματιστήριο Αξιών Αθηνών; Μετοχές; Ελληνικό Χρηματιστήριο