Please use this identifier to cite or link to this item:
https://doi.org/10.1080/09603100210017351
Title: | Voluntary trading suspensions in Singapore | Authors: | Tan, R.S.K. Yeo, W.Y. |
Issue Date: | 2003 | Citation: | Tan, R.S.K., Yeo, W.Y. (2003). Voluntary trading suspensions in Singapore. Applied Financial Economics 13 (7) : 517-523. ScholarBank@NUS Repository. https://doi.org/10.1080/09603100210017351 | Abstract: | This paper successfully subgroups firm-initiated suspensions into 'favourable news' and 'unfavourable news' suspensions. The 'favourable news' group experiences significantly positive abnormal returns around the event date. The 'unfavourable news' group, on the other hand, suffers a prolonged decline. The high trading volumes in the pre- and the post-suspension periods suggest that firm-initiated suspensions on the Singapore Exchange involve the release of new sensitive information. Firm-initiated trading suspensions are also accompanied by increases in post-suspension return volatility. | Source Title: | Applied Financial Economics | URI: | http://scholarbank.nus.edu.sg/handle/10635/44508 | ISSN: | 09603107 | DOI: | 10.1080/09603100210017351 |
Appears in Collections: | Staff Publications |
Show full item record
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.