Does Weather Has Same Effect on Different Countries Stock Market Return

• DOI: 10.5296/ijssr.v6i2.13034
• Publication Date: 2018-08-26T03:11:46Z
• Authors: Sayed Kifayat Shah; Yang Yiwen; Farman Ali
• Keywords: Stock (firearms)

In the field of behavioral finance mood, emotions and other different effecting factors have been investigated regarding stock market return. Weather is one most important vital factor that has analyzed. this empirical study two exchanges (Eastern Asian South Asian) are compared with respect to weather variable temperature. The analysis investigation made by utilizing six years record both exchange (China, Pakistan) indexes (SSE-180, KSE 100). Autoregressive (AR) Conditional Heteroscedasticity (GARCH) technique utilized for analysis. It found temperature affecting negative effect on exchanges. Eastern Country more as country. results given in detail using Eviews Package.