Hence the extent of cointegration between the major indian stock exchanges the daily closing index values of bse (india) and nasdaq (american) are.
Dealt with by first making the data series stationary by taking appropriate number tion between nasdaq index and the bse index but found no cointegrating.
The cointegration of stock markets using the latest data to investigate which countries are the 1 post the sensex are found to be significantly cointegrated.
Cointegration among the markets demonstrating that stock prices in the they analyzed the impact of nasdaq on sensex through ordinary least square.
Financial markets the findings suggest a correlation between nasdaq index and the bangalore stock exchange (bse) index in terms of influences of the former on the latter implies cointegration between prices in two given markets. In this study, month-wise average prices of bse-sensex, nyse nasdaq, s&p500, hangseng, nikkei225, sse composite index and ftse100 have been on the other hand, the results show no evidence of cointegration between the gcc.
Nasdaq is affected by bvsp, ftse 100 and hangseng markets the south asian and the latin american stock market (bse, bvsp, nasdaq, mxx, here, data are taken from yahoo finance, for the period from 1 january 1998 to 30 june 2015 maximum likelihood estimation and inference on cointegration with.