n African Review of Economics and Finance - Stock returns and Friday the 13th effect in five African countries

Volume 4, Issue 2
  • ISSN : 2042-1478
  • E-ISSN: 2410-4906


This study is concerned with Friday the 13th and daily stock market returns in five African countries. Using the MSCI Global Equity Indices during various periods, the evidence overwhelmingly suggests that there is no Friday the 13th effect.

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