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Keywords: Event study
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Journal Articles
The reaction of the Egyptian stock market to recurring devaluations: an event study approach
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African Journal of Economic and Management Studies (2024) 15 (3): 519–533.
Published: 14 February 2024
...Ahmed Wassal Elroukh Purpose This paper examines the reaction of the Egyptian stock market to two substantial devaluations of the Egyptian pound (EGP) in 2022 and tests the informational efficiency of the Egyptian market. Design/methodology/approach The paper uses the event study framework...
Journal Articles
African Journal of Economic and Management Studies (2023) 14 (1): 135–149.
Published: 27 June 2022
.../approach An event study was used to capture the market responses. Abnormal returns at the aggregate and sectoral levels were measured over several time windows before and after the respective election results were announced. Findings The market reacted strongly positively to a change in presidency...
