Ali, N., Nassir, A.M., Abidin, S. & Talib, N. (2011). Does Syariah-Compliant stocks overreact? International Research Journal of Finance and Economics, 77, 18-24.
Permanent Research Commons link: http://hdl.handle.net/10289/7512
This is a preliminary study on stock overreaction behavior of syariah compliant stock in Bursa Malaysia over the period between January 1988 and December 2009. Results show that syariah compliant stock in Bursa Malaysia, like their conventional counterparts overreact. The overreactions are more pronounced during the sub-period prior to 1997 Asian Financial Crisis and Global 2008 Crisis. After the crisis the overreaction behavior seems to diminish.
EuroJournals Publishing Inc.
This article is published in International Research Journal of Finance and Economics. © 2011 EuroJournals Publishing Inc.
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