Academic literature on the topic 'Banks stock indices'
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Journal articles on the topic "Banks stock indices"
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Arı, Yakup. "The CARR-volatility connectedness between USD/TRY and foreign banks in Turkey: Evidence by TVP-VAR." Applied Econometrics 67, no. 3 (2022): 5–26. http://dx.doi.org/10.22394/1993-7601-2022-67-5-26.
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This study focuses on the volatility spillover between the stock prices of foreign banks having business in Turkey and the exchange rate. More particularly, it analyzes the connectedness between the USD-TRY exchange rate volatility and the foreign banks’ stock price volatility in their own country’s stock markets. We select ten foreign banks with the biggest total assets and divide them into two panels: eastern and western capitalized banks. The dataset contains weekly data from 2016-01-04 to 2022-01-17. We estimate volatilities utilizing the Conditional Autoregressive Range (CARR) model and then apply the Time-Varying Parameter- Vector Autoregressive (TVP-VAR) based Diebold–Yilmaz Connectedness Index to reveal the transition and connectedness of volatility. The total connectedness indices show that 26.72 and 54.75% of the forecast error variance originate from other assets included in the spillover analysis for eastern and western panels, respectively. We also explore net pairwise comovements and find that shocks in USD-TRY have dominated on the forecast error variance of bank stocks in the eastern panel, while it is a net volatility receiver in the western panel.
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Javeed, Laila. "Effect of Corporate Governance on Islamic Banking: Evidence from Listed Firms of Pakistani Stock Exchange." International Journal of Accounting and Financial Reporting 9, no. 1 (January 3, 2019): 170. http://dx.doi.org/10.5296/ijafr.v9i1.14260.
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The Purpose of this study is to analyze the influence of corporate governance on firm performance (Islamic Banks) in Pakistan. The study presents a longitudinal assessment of the compliance and implications of the revised code on firm performance. This study uses data from listed firms of Pakistan Stock Exchange (PSE) for the years 2007-2016 to investigate the effect of corporate governance, indices the performance of Islamic Banks. The study uses panel data analysis and random effect model. We used board size, CEO duality, board independence, director ownership, and frequency of meeting as corporate governance indices, ROE, and ROA as performance of Islamic banks proxies. The results have intimation for regulatory authorities, shareholders and directors to take steps to improve the board competencies for better performance.
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El Msiyah, Cherif, Jaouad Madkour, Younes Berouaga, Ayoub Kyoud, and Ali Ait Lahcen. "Moroccan Stock Exchange market topology in crisis and non-crisis periods." Investment Management and Financial Innovations 19, no. 4 (December 8, 2022): 274–84. http://dx.doi.org/10.21511/imfi.19(4).2022.22.
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This paper seeks to investigate the dynamics within the Moroccan Stock Exchange (MSE) market topology in crisis and non-crisis periods using daily historical log returns of sectoral indices covering the period from January 4, 1993 to September 9, 2021. The study applies the Agglomerative Hierarchical Clustering (AHC) implemented on the Dynamic Time Warping (DTW) distance matrix over ten sub-periods covering numerous crises, from Subprime mortgage crisis to European debt crisis and finally COVID-19 crisis. The obtained clustering results are gathered into a network to display the cumulated interconnections between the sectoral indices. The findings showed that the Casablanca Stock Exchange (CSE) market clusters composition is dynamic during the studied period. Indeed, some sectoral indices demonstrated evidence of strong similarities by gathering in the same cluster over numerous sub-periods as the couples Electrical & Electronic Equipment and Transport or as Banks and Construction & Building Materials sectoral indices. Moreover, the interconnections of CSE sectoral indices are trend dependent. According to the obtained network, the Oil and Gas demonstrated its centrality.
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Noulas, Athanasios, Ioannis Papanastasiou, and Simeon Papadopoulos. "Sectors stock indices aggregate correlations and expectations: Evidence from the Greek stock market." Risk Governance and Control: Financial Markets and Institutions 11, no. 2 (2021): 71–81. http://dx.doi.org/10.22495/rgcv11i2p6.
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Based on the cyclical movements of the Athens Stock Market, the paper empirically examines the behavior of seven sectors (markets) namely: industry-services, emporium, construction, petroleum, telecommunications, food-beverages, and banks. Specifically using daily observations from January 2006 to August 2017, we estimate a dynamic equicorrelation multivariate GARCH model (DECO-MGARCH) developed by Engle and Kelly (2012), to analyze the dynamic behavior of these sectors. Furthermore, using time-dependent entropic measures we examine empirically the uncertainty (expectations) regarding the correlation behavior of these seven sectors. The empirical results are in line with previous findings (Tsai & Chen, 2010; Garnaut, 1998) and provide evidence supporting the view of high correlations during periods of crises. In addition, the dynamic entropy shows that the expectations of market participants were more concentrated (less spread out) during these periods of crises. Therefore, the empirical evidence of the paper supports the view that market participants share the same opinions (entropy exhibits low uncertainty) during crises and therefore are acting in a similar fashion (exhibiting high correlation).
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Anwer, Zaheer, Wajahat Azmi, and Shamsher Mohamad Ramadili Mohd. "How do Islamic equities respond to monetary actions?" International Journal of Emerging Markets 14, no. 4 (October 14, 2019): 503–22. http://dx.doi.org/10.1108/ijoem-11-2017-0459.
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Purpose The purpose of this paper is to appraise the effectiveness of monetary policy actions in variant market conditions for Islamic stocks. These stocks offer ground for a natural experiment as they have restrictions on the line of business and their distinguished capital structure does not allow them to combat the liquidity crisis through the use of leverage. Design/methodology/approach The paper uses the quantile regression approach for a multi-country sample of Islamic stock indices to assess the impact of domestic as well as US expansionary monetary policy on stock returns of Islamic indices at various locations of distribution of returns. Findings It is found that, at lower return levels, an expansionary monetary policy has a negative effect on the returns. In other cases, there is no significant impact of policy rate change on index returns. Research limitations/implications It is more appropriate to use firm level data of Islamic stocks instead of stock indices. However, the information regarding index constituents is not publicly available. Practical implications The paper offers useful information to investors and policy makers. It shows that central banks should improve their credibility for monetary policy to be effective and their policies must be designed keeping in view the strong impact of US rate on global monetary environment. Originality/value This paper provides first empirical evidence of the impact of discount rates on the returns of Islamic stocks in different market conditions.
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El Hawary, Engy Mohsen, and Iman Mamdouh Arafa. "Studying the Effect of Stakeholders on the Disclosure of Corporate Social Responsibility by Banks: Evidence from Egypt." Accounting and Finance Research 7, no. 4 (November 23, 2018): 200. http://dx.doi.org/10.5430/afr.v7n4p200.
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Stakeholders have become more attentive to community and social information worldwide. However, their influence on the CSR disclosure is highly contextual and contingent upon several institutional factors. Therefore, this study pursues to identify the stakeholders’ group which has the most powerful effect on the CSR disclosure. The researchers examined the CSR disclosure provided by 38 banks operating in Egypt for the year 2015. Two main indices have been developed; one measures the extent of the CSR disclosure and denoted as as the CSR quantitative index. The other measures the qualitative aspects and denoted as the CSR qualitative index. In addition, five sub-indices have been developed to measure the CSR disclosure as recommened by the GRI. The relationship between these two main indices and the sub-indices and the seven groups of stakeholders have been examined using the OLS regression models. The non-parametric tests are also used to enhance the robustness of our findings and to identify the differences between the stakeholders for each index. Concerning the stakeholder effect, the Egyptian Stock exchange, audit committee and big audit firms are found to have the most powerful impact in our case. On contrary, independent directors, bank’s clients and bank specialty show insignificant results. Generally, the quality and extent of CSR disclosure by the banking sector still undeveloped, particularly for the national banks. Accordingly, the Egyptian Stock Exchange and the Central bank of Egypt need to issue vigorous guidelines and regulations to raise harmonization in the CSR disclosure and to empower their supervisory role in this respect.
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Sehgal, Meru, and Shruti Gupta. "Stock Markets in Changing Times." International Journal of Business Analytics 8, no. 3 (July 2021): 14–25. http://dx.doi.org/10.4018/ijban.2021070102.
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The impact of COVID-19 on the stock markets of US, UK, and India has been analyzed. Daily market returns of the stock indices (Dow Jones Industrial Average, FTSE-100, Nifty 50 Index, and Nifty Bank Index) have been examined using paired t-test for 40 days before and after the reporting of the first case. Index performance has also been investigated for the quarter ending June 2020 along with comparative performance analysis of the indices with Nifty Bank Index. The results showed that markets have borne substantially negative returns, but they are not statistically significant. This indicates the resilience of these markets to restore to previous index levels after taking a short-term hit. This paper adds value to the literature by acting as a resource for academia as well as industry by spelling out changes in markets during this pandemic and supporting evidence from Indian banks that are catalysts of growth for businesses in uncertain times.
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Wahhab, Asaad, Mohammed Abd Ali M. A. Al Fattehallah, and Mohammed Hwueish Allawi Alsujair. "Transparency of Financial Reporting According to the S&P500 Indices and its Implications for Accounting Information Risks - Evidence from the Iraq Stock Exchange." Technium Business and Management 2, no. 3 (December 20, 2022): 140–58. http://dx.doi.org/10.47577/business.v2i3.8067.
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The current research aims to test and analyze the relationship between the level of transparency of financial reporting and the risks of accounting information for a sample of private commercial banks in the Iraq Stock Exchange. The transparency of financial reporting was assessed using the S&P500 indices, and the level of accounting information risk was evaluated using the S&P500 indices, representing fragmented and reduced risks. Unanswered information within the S&P500 indices' requirements consists of 98 conditions. To achieve the research objectives and test its hypotheses, the applied approach was used to evaluate the research variables in a sample of commercial banks listed on the Iraq Stock Exchange, which amounted to (10) selected banks for the period (2016-2021). In comparison, the inferential statistical method was used to test and analyze the research hypotheses using Excel and SPSS26 programs. The research reached a set of conclusions, the most important of which was the low level of transparency in private commercial banks, especially in the two main categories of (S&P500) indicators: ownership structure and shareholder rights, and the board of directors and management procedures, as both had the largest share of risks, which indicates a high risk of accounting information. The research concluded with several recommendations, the most important of which was working to oblige banks to expand disclosure and work with the mechanisms of S & P500 indicators and apply them annually to follow up on the level of transparency development in them to reduce the risks of accounting information.
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Brezis, Elise S., and Joël Cariolle. "The revolving door, state connections, and inequality of influence in the financial sector." Journal of Institutional Economics 15, no. 4 (January 18, 2019): 595–614. http://dx.doi.org/10.1017/s1744137418000498.
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AbstractThis paper shows that the revolving door generates inequality of influence between financial firms and creates economic distortions. We first develop a theoretical model, introducing the notion of “bureaucratic capital” and stressing how the revolving door generates inequality in bureaucratic capital leading to inequality in profits. Then this prediction is tested, using a new database that tracks the revolving door process involving the 20 biggest US “diversified banks.” We show that regulators who supply a large stock of bureaucratic capital are more likely to be hired by the top five banks. We also develop indices of the inequality of influence between banks. We show that banks in the top revenue quintile concentrate around 80% of revolving door movements. Goldman Sachs appears as the prime beneficiary of this process, capturing approximately 30% of the total stock of bureaucratic capital.
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Abdel Hakim, Hisham Talaat, and Shakir Mohsin Saber Alwahili. "Effect of Exchange Rate Risk in the Market Value of Banks Stocks." Iraqi Administrative Sciences Journal 1, no. 3 (September 30, 2017): 145–78. http://dx.doi.org/10.33013/iqasj.v1n3y2017.pp145-178.
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The research aims to study the nature of relationship between the risks of fluctuations in currency exchange rates and fluctuation in the market value of banks stocks of the research sample, In order to prove the hypothesis two indicators were chosen,the indices of exchange rate risk and the market value of common stocks were selected , period of (42) months ,extending from January (2014) until June (2017), was chosen, The research reached anumber of conclusion, but the most important is that the existence of correlation relationship and the affect of statistical significane pevails between the risks of exchange rate fluctuations and the market value of banks stock the sample of the study, Finally, the research recommends that the Iraqi banking departments work to diversify their banking services to the public and not only to their revenues derived from the sale of foreign currency only.
Dissertations / Theses on the topic "Banks stock indices"
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Majidi, Elmehdi. "Finance islamique et croissance économique : quelles interactions dans les pays MENA." Thesis, Pau, 2016. http://www.theses.fr/2016PAUU2001/document.
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L’objectif de cette thèse est de répondre à trois questions de recherche, peu explorées dans la littérature. Le but de notre premier essai est d’examiner la relation entre le développement financier islamique et la croissance économique, en utilisant un échantillon de 15 pays sur une période allant de 2000 vers 2009. Les résultats de l’estimation du modèle à effet fixe, variable instrumentale et GMM en différence montrent que le développement financier islamique a un impact positif sur la croissance économique. Les résultats du modèle semi-paramétrique prouvent que l’impact du développement financier islamique sur la croissance économique puisse être non linéaire. Notre deuxième essai s’intéresse à étudier l’effet de la crise des subprimes de 2007-2008 sur les banques islamiques portant sur 70 banques, réparties entre 43 banques classiques et 27 banques islamiques pendant la période 2005-2009. Les résultats prouvent qu’il n’y a pas de différence significative en termes d’effet de la crise sur la solidité des banques islamiques et conventionnelles. Dans notre troisième essai, nous nous s’intéressons à analyser la volatilité des indices boursiers islamiques par rapport à leurs consorts conventionnels. Cinq indices islamiques ont fait l’objet de cette étude ainsi que leurs consorts conventionnels. L’étude couvre la période : 2/02/2009-12/02/2014. Les résultats du test de Granger détectent différentes relations causales. Ainsi, Les résultats du modèle Garch montrent que quatre parmi les cinq indices islamiques sont moins volatiles que leurs consorts conventionnels tandis qu’un seul indice islamique est plus volatile que son consort conventionnelThis dissertation contains three essays on different issues on mergers and acquisitions, left unexplored or unresolved by the existing literature. The first study examine the relationship between Islamic finance development and economic growth in a panel of 15 MENA and Sout-est-asia countries over the 2000-2009 period, using a variety of econometric methods and four standard measures of Islamic financial development. The study identifies two sets of findings. First, fixed effects estimation, panel-data-instrument variables regressions and GMM-difference estimator reveal that the relationship between Islamic financial development and economic growth is positive. The semiparametric panel model shows that there is evidence of nonlinearity in the data. The second study, assess empirically the effect of the 2007-2008 subprime financial crisis on Islamic banks using a sample of 27 Islamic banks and 43 conventional banks during the period from 2005 to 2009. Using the Z-score as indicator of bank stability the results of our regression analysis show that there is no difference in terms of the effect of the financial crisis on the soundness of Islamic bank and their conventional counterparts. The third study aims to examine the volatility of Islamic stock index compared to their conventional counterparts. Five major Islamic stock indexes have been the subject of our third study as well as their conventional counterparts. Covering a time period from 12/02/2009 to 12/02/2014. The application of Granger causality tests detected different causalities during the period, between the returns series under study. Employing Generalized Autoregressive Conditional Heteroskedastic (GARCH), our results indicate that, four among five Islamic stock indexes were less volatile than their conventional counterparts. But, one Islamic index are more volatile than their conventional counterpart
Books on the topic "Banks stock indices"
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Office, General Accounting. Financial management: Defense accounting adjustments for stock fund obligations are illegal : report to the Secretary of Defense. Washington, D.C: The Office, 1987.
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Office, General Accounting. Financial management: Operating cash requirement for Air Force stock fund can be reduced : report to the chairman, Subcommittee on Defense, Committee on Appropriations, House of Representatives. Washington, D.C: The Office, 1989.
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Office, General Accounting. Financial management: Analysis of operating cash balance of the Defense Logistics Agency's stock fund : report to the chairman, Subcommittee on Defense, House Committee on Appropriations, House of Representatives. Washington, D.C: The Office, 1990.
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Richard, Clark. Part V Deposit-Taking and Consumer Credit Conduct of Business, 16 Conduct of Business for Banks, Other Deposit-Takers, and Payment Services Providers. Oxford University Press, 2014. http://dx.doi.org/10.1093/law/9780198705956.003.0016.
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This chapter discusses the rules and regulations for the conduct of business of banks, deposit-takers, and providers of payment services. The banking and payment services conduct regime involves elements of both information regulation (an approach based on disclosure or transparency) and product regulation, in the sense of mandatory rights and obligations for the services provided. In contrast to the more highly regulated realm of retail investments, there is no attempt at advice regulation, albeit the Financial Services Authority has indicated that it is considering whether it should make further provision for advice on deposits, and in particular structured deposits (where the interest or return is dependent on the performance of an underlying index/indices, stock(s) or commodity/commodities).
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Anheier, Helmut K., Matthias Haber, and Mark A. Kayser, eds. Governance Indicators. Oxford University Press, 2018. http://dx.doi.org/10.1093/oso/9780198817062.001.0001.
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As difficult as it might seem to define governance, it appears to be that much more difficult to measure it. Since the World Bank Institute launched the Worldwide Governance Indicators in the late 1990s, the governance indicators field has flourished and experienced significant advances in terms of methodology, data coverage and quality, and policy relevance. Other major initiatives have added to a momentum that propelled research on governance indicators seen in few other academic fields in the economic and social sciences. Given these developments and the prominence and policy relevance the field of governance indicator research has achieved, the time is ripe to take stock and ask what has been accomplished, what the shortcomings and potentials might be, and what steps present themselves as a way forward. This volume—the fifth edition in an annual series tackling different aspects of governance around the world—assesses what has been achieved, identifies strengths and weaknesses of current work, and points to issues that need to be tackled in order to advance the field, both in its academic importance as well as in its policy relevance. In short, the contributions to this volume explore the scope of existing governance indices and indicator frameworks, elaborate on current challenges in measuring and analysing governance, and consider how to overcome them.
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Financial management: DOD faces implementation problems in stock funding repairable inventory items : report to the Chairman, Subcommittee on Defense, Committee on Appropriations, House of Representatives. Washington, D.C: The Office, 1991.
Find full textBook chapters on the topic "Banks stock indices"
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Ika, Siti Rochmah, and Ari Kuncara Widagdo. "Ownership Structure and Intellectual Capital Performance." In Corporate Leadership and Its Role in Shaping Organizational Culture and Performance, 203–28. IGI Global, 2021. http://dx.doi.org/10.4018/978-1-5225-8266-3.ch010.
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The objective of this study is to examine the impact of ownership structure on intellectual capital performance. Ownership structure used in this study consists of family control, government ownership, and foreign ownership. Family control was measured by two proxies, namely the number of shares owned by a family and the presence of family on the boards. Meanwhile, this study uses the Value-Added Intellectual Coefficient to measure intellectual capital performance. Ninety-two bank observations listed on the Indonesia Stock Exchange in the period 2013-2016 are used as a sample. Results of panel data regression indicate that the number of shares owned by the family positively associated with VAIC, on the other hand, the presence of families on the boards has no association with IC performance. The result indicates that a high degree of family ownership is likely to encourage managerial incentives to improve value creation activities. Government ownership and foreign ownership are also found to have a positive association with IC performance indicating that state-owned banks and foreign-owned banks in Indonesia tend to focus their attention more towards activities that can increase value creation than privately owned and domestic owned banks. This research provides insight into the role of the business owner to the capital market regulator in scrutinizing the efficiency of value creation activities.
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Selviah, David R., and Janti Shawash. "Generalized Correlation Higher Order Neural Networks for Financial Time Series Prediction." In Artificial Higher Order Neural Networks for Economics and Business, 212–49. IGI Global, 2009. http://dx.doi.org/10.4018/978-1-59904-897-0.ch010.
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Generalized correlation higher order neural network designs are developed. Their performance is compared with that of first order networks, conventional higher order neural network designs, and higher order linear regression networks for financial time series prediction. The correlation higher order neural network design is shown to give the highest accuracy for prediction of stock market share prices and share indices. The simulations compare the performance for three different training algorithms, stationary versus non-stationary input data, different numbers of neurons in the hidden layer and several generalized correlation higher order neural network designs. Generalized correlation higher order linear regression networks are also introduced and two designs are shown by simulation to give good correct direction prediction and higher prediction accuracies, particularly for long-term predictions, than other linear regression networks for the prediction of inter-bank lending risk Libor and Swap interest rate yield curves. The simulations compare the performance for different input data sample lag lengths.
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Pachpande, Sandeep, Asha Pachpande, and J. A. Kulkarni. "The ‘Walkart’ of India." In Indian Business Case Studies Volume I, 157—C17.P59. Oxford University PressOxford, 2022. http://dx.doi.org/10.1093/oso/9780192869371.003.0017.
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Abstract US retail giant Walmart has signed a definitive agreement to acquire a 77% stake in India’s largest e-commerce marketplace Flipkart with an investment of around $16 billion, making it the largest transaction in the history of the online retail space globally. The deal, which wiped away $10 billion of Walmart’s market capitalization as investors reacted negatively in early morning trade on the New York Stock Exchange, stands out for several exits. The biggest was Sachin Bansal selling his entire 5.96% stake for $1.23 billion and parting ways with Flipkart that he had founded in 2007 along with a friend from IIT, Binny Bansal (not related). Sachin was nowhere around at the Flipkart campus when the Walmart top team led by CEO Doug McMillon addressed employees in a town hall meeting. Another significant exit is that of Soft Bank, the largest investor in Flipkart. In a strange coincidence, the deal, valuing Flipkart at $20.8 billion, was announced to the world by Soft Bank Chief Executive Masayoshi Son in a webinar with investors hours before Walmart did so. He also confirmed that Soft Bank would get about $4 billion from its $2.5-billion investment in Flipkart last August. Flipkart’s valuation at $20.8 billion is a 75% increase over its previous valuation in the range of $11–12 billion last August. Out of the $16-billion investment, Walmart will put in $2 billion in new equity funding, while the rest will be utilized to acquire stakes of existing investors in the Bengaluru-based company. The case study focuses on Effect of regulatory restrictions in Indian Ecommerce Markets for Global MNCs.
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Willetts, David. "Introduction." In A University Education. Oxford University Press, 2017. http://dx.doi.org/10.1093/oso/9780198767268.003.0004.
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I love universities. You just have to look at the posters stuck to walls and notice- boards. They add up to a picture of the good life—invitations to join sports teams, orchestras, social projects, new drama productions, and charity fund-raising stunts; together with public intellectuals giving guest lectures, performances by indie bands, and of course the occasional student protest against some injustice. I was on the receiving end of a few student protests myself over the years when I was minister for universities and science. Sometimes they were quite unpleasant, but usually well-intentioned young people just did not accept what I was trying to do or why. One incident captured what is special about university, even in those unpropitious circumstances. A group of perhaps forty protesters at Southampton University were shouting denunciations of the Coalition’s fees policy. I went over and tried to talk to them but they could not hear my replies so they lent me their loud-hailer to hear my argument better. Then I gave it back so they could broadcast their reply. They returned it to me again and so we carried on the exchanges. Their anger could not suppress their curiosity. It was really rather moving. The university is the institution which, above all, fosters and sustains such intellectual curiosity and openness. The university is the place where everything we think we know can be challenged and where new ideas are generated and transmitted to future generations so they will be better educated than us. A belief in the possibility of progress is one of the exceptional values of Western civilization and universities embody it because they operate at the intellectual frontier. It is why the university is one of the great institutions of the modern world—as important as the democratic legislature, an independent judiciary, or the joint stock company. The first part of the book is about how the university has grown to such importance and why it works the way it does. A medieval concept, the independent corporation, has proved to be extraordinarily well suited to one of the most important eighty-five or so major institutions which already existed in Europe five hundred years ago and still exist now, seventy of them are universities.
Conference papers on the topic "Banks stock indices"
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Bal, Harun, Shahanara Basher, and Abdulla Hil Mamun. "The Aftermath of Quantitative Easing in Advanced Economies: The Empirical Evidences." In International Conference on Eurasian Economies. Eurasian Economists Association, 2019. http://dx.doi.org/10.36880/c11.02279.
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Quantitative easing (QE), as a measure of unconventional monetary policy (UMP), has been followed by many of the central banks of advanced economies to boost the economy by stimulating investment and consumption. The study identifies the most recent QE programs undertaken by central banks of four major advanced economies, namely, Federal Reserve (Fed), Bank of England (BOE), Bank of Japan (BOJ) and European Central Bank (ECB), and examines its impact on major macroeconomic indicators, namely output growth, inflation, exchange rate indices and stock market indices, employing vector autoregressive (VAR) models. Findings of the study suggest that QE was only favorable for real GDP growth of USA and the development of stock market of euro area. However, such an UMP failed to bring about changes in appropriate directions among the other economic indicators of these advanced economies. QE at an adequate scale to offset the recessionary forces could help achieve the expected results of the policy action. At the same time, policy makers should think over other supplementary measures that can support and expedite the impact of QE in favourable directions to achieve the desired goals of such UMP.
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Çelik, Sadullah, and Elif İşbilen. "An Unconventional Example of Big Data: BIST-100 Banking Sub-Index of Turkey." In CARMA 2018 - 2nd International Conference on Advanced Research Methods and Analytics. Valencia: Universitat Politècnica València, 2018. http://dx.doi.org/10.4995/carma2018.2018.8356.
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This paper applies Big Data concept to an emerging economy stock exchange market by examining the relationship between price and volume of the Banking index in BIST-100. Stock markets have been commonly analyzed in big data studies as they are one of the main sources of rich data with recordings of hourly and minutely transactions. In this sense, nowcasting the economic outlook has been related to the fluctuations in the stock exchange market as news from companies open to public became important sources of changes in expectations for economic agents. However, most of the previous studies concentrated on the main stock market indices rather than the major sub-indices. This study covers the period 13 December 2017 – 12 March 2018, with minute data and approximately 31000 observations for each of the 11 bank stocks. The effects of stock market movements on exchange rates and interest rates are also examined. The methodologies used are frequency domain Granger causality of Breitung and Candelon (2006) and wavelet coherence of Grinsted et al. (2004). The main finding is the supremacy of the banking index as it seems to have great influence on economic fluctuations in Turkish economy through other high frequency variables and the households’ expectations.
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Kumra, Neha, L. M. Saha, and M. K. Das. "Investigation of chaos in Indian bank stocks, NIFTY and bank NIFTY indices." In DIDACTIC TRANSFER OF PHYSICS KNOWLEDGE THROUGH DISTANCE EDUCATION: DIDFYZ 2021. AIP Publishing, 2022. http://dx.doi.org/10.1063/5.0080700.
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Saraidaris, A., and A. Margaris. "Is There a Chaos Occurrence in Athens Exchange? Testing Chaotic Behavior in Bank Stocks and ATHEX Indices." In Topics on Chaotic Systems - Selected Papers from CHAOS 2008 International Conference. WORLD SCIENTIFIC, 2009. http://dx.doi.org/10.1142/9789814271349_0032.
Full textReports on the topic "Banks stock indices"
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Yaari, Menahem, Elhanan Helpman, Ariel Weiss, Nathan Sussman, Ori Heffetz, Hadas Mandel, Avner Offer, et al. Sustainable Well-Being in Israel. The Israel Academy of Sciences and Humanities, June 2021. http://dx.doi.org/10.52873/policy.2021.wellbeing-en.
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Well-being is a common human aspiration. Governments and states, too, seek to promote and ensure the well-being of their citizens; some even argue that this should be their overarching goal. But it is not enough for a country to flourish, and for its citizens to enjoy well-being, if the situation cannot be maintained over the long term. Well-being must be sustainable. The state needs criteria for assessing the well-being of its citizens, so that it can work to raise the well-being level. Joining many other governments around the world, the Israeli government adopted a comprehensive set of indices for measuring well-being in 2015. Since 2016, the Israel Central Bureau of Statistics has been publishing the assessment results on an annual basis. Having determined that the monitoring of well-being in Israel should employ complementary indices relating to its sustainability, the Ministry of Environmental Protection, the Bank of Israel, the Central Bureau of Statistics, and Yad Hanadiv asked the Israel Academy of Sciences and Humanities to establish an expert committee to draft recommendations on this issue. The Academy's assistance was sought in recognition of its statutory authority "to advise the government on activities relating to research and scientific planning of national significance." The Committee was appointed by the President of the Academy, Professor Nili Cohen, in March 2017; its members are social scientists spanning a variety of disciplines. This report presents the Committee's conclusions. Israel's ability to ensure the well-being of its citizens depends on the resources or capital stocks available to it, in particular its economic, natural, human, social, and cultural resources. At the heart of this report are a mapping of these resources, and recommendations for how to measure them.