Table 2 Descriptive statistics of daily... | Emerald Publishing

Table 2

Descriptive statistics of daily returns

Stock market	Mean		Median		Max		Min		SD		Skew		Kurtosis
Stock market	P1	P2	P1	P2	P1	P2	P1	P2	P1	P2	P1	P2	P1	P2
Thai	−0.0013	0.0015	0.0000	0.0003	0.0765	0.0647	−0.1143	−0.0559	0.014	0.012	−3.59	0.49	29.78	4.68
Malay	−0.0009	0.0011	0.0000	0.0005	0.0676	0.0272	−0.0570	−0.0338	0.009	0.009	−0.97	−0.04	23.82	0.76
Sing	−0.0010	0.0013	0.0000	0.0001	0.0423	0.0589	−0.0764	−0.0455	0.010	0.011	−2.78	0.89	17.61	5.66
Indo	−0.0014	0.0014	0.0000	0.0000	0.0289	0.0970	−0.0681	−0.0514	0.010	0.014	−2.21	1.22	10.57	9.20
Phi	−0.0014	0.0011	0.0000	0.0000	0.0330	0.0717	−0.1432	−0.0733	0.015	0.015	−4.32	0.32	33.42	4.08
Viet	−0.0009	0.0024	0.0003	0.0030	0.0201	0.0481	−0.0650	−0.0688	0.010	0.014	−2.74	−1.03	13.90	4.58
India	−0.0010	0.0023	0.0000	0.0023	0.0559	0.0859	−0.1410	−0.0612	0.015	0.015	−3.72	0.39	32.62	5.57
Hong	−0.0005	0.0010	0.0000	0.0007	0.0493	0.0436	−0.0498	−0.0572	0.012	0.013	−0.56	−0.30	3.10	1.96
China	0.0002	0.0009	0.0000	0.0000	0.0545	0.0555	−0.0803	−0.0460	0.012	0.011	−1.07	0.14	8.03	3.59
Japan	−0.0005	0.0019	0.0000	0.0001	0.0258	0.0773	−0.0627	−0.0462	0.011	0.014	−1.37	0.75	5.88	5.26
Korea	−0.0010	0.0027	0.0001	0.0022	0.0718	0.0825	−0.0877	−0.0488	0.013	0.014	−1.41	0.56	12.38	4.88
Aus	−0.0007	0.0015	0.0009	0.0009	0.0566	0.0677	−0.1020	−0.0544	0.013	0.013	−3.09	0.33	20.39	4.41
New	−0.0001	0.0014	0.0009	0.0001	0.0216	0.0694	−0.0795	−0.0265	0.010	0.011	−3.27	1.30	20.57	6.30
USA	−0.0004	0.0022	0.0008	0.0018	0.0888	0.0897	−0.1277	−0.0608	0.016	0.014	−2.26	0.67	21.92	7.68

Stock market	Mean		Median		Max		Min		SD		Skew		Kurtosis
Stock market	P1	P2	P1	P2	P1	P2	P1	P2	P1	P2	P1	P2	P1	P2
Thai	−0.0013	0.0015	0.0000	0.0003	0.0765	0.0647	−0.1143	−0.0559	0.014	0.012	−3.59	0.49	29.78	4.68
Malay	−0.0009	0.0011	0.0000	0.0005	0.0676	0.0272	−0.0570	−0.0338	0.009	0.009	−0.97	−0.04	23.82	0.76
Sing	−0.0010	0.0013	0.0000	0.0001	0.0423	0.0589	−0.0764	−0.0455	0.010	0.011	−2.78	0.89	17.61	5.66
Indo	−0.0014	0.0014	0.0000	0.0000	0.0289	0.0970	−0.0681	−0.0514	0.010	0.014	−2.21	1.22	10.57	9.20
Phi	−0.0014	0.0011	0.0000	0.0000	0.0330	0.0717	−0.1432	−0.0733	0.015	0.015	−4.32	0.32	33.42	4.08
Viet	−0.0009	0.0024	0.0003	0.0030	0.0201	0.0481	−0.0650	−0.0688	0.010	0.014	−2.74	−1.03	13.90	4.58
India	−0.0010	0.0023	0.0000	0.0023	0.0559	0.0859	−0.1410	−0.0612	0.015	0.015	−3.72	0.39	32.62	5.57
Hong	−0.0005	0.0010	0.0000	0.0007	0.0493	0.0436	−0.0498	−0.0572	0.012	0.013	−0.56	−0.30	3.10	1.96
China	0.0002	0.0009	0.0000	0.0000	0.0545	0.0555	−0.0803	−0.0460	0.012	0.011	−1.07	0.14	8.03	3.59
Japan	−0.0005	0.0019	0.0000	0.0001	0.0258	0.0773	−0.0627	−0.0462	0.011	0.014	−1.37	0.75	5.88	5.26
Korea	−0.0010	0.0027	0.0001	0.0022	0.0718	0.0825	−0.0877	−0.0488	0.013	0.014	−1.41	0.56	12.38	4.88
Aus	−0.0007	0.0015	0.0009	0.0009	0.0566	0.0677	−0.1020	−0.0544	0.013	0.013	−3.09	0.33	20.39	4.41
New	−0.0001	0.0014	0.0009	0.0001	0.0216	0.0694	−0.0795	−0.0265	0.010	0.011	−3.27	1.30	20.57	6.30
USA	−0.0004	0.0022	0.0008	0.0018	0.0888	0.0897	−0.1277	−0.0608	0.016	0.014	−2.26	0.67	21.92	7.68

Note(s): P1 is Period 1; P2 is Period 2