Daily Stock Price Behavior of Commercial Banks in Nepal

Authors

  • Keshar J. Baral Tribhuvan University
  • Surya Kumar Shrestha Tribhuvan University

DOI:

https://doi.org/10.3126/jnbs.v3i1.487

Keywords:

securities market, stock price behavior theories

Abstract

Using the data set on daily stock prices during the fiscal year 2005/06 (July 16, 2005 through July 16, 2006), this paper attempts to analyze the stock price behavior of commercial banks in Nepalese markets. The results of serial correlation and run tests conclude that the proposition of Random Walk Hypothesis (RWH) in Nepalese stock markets does not hold true. This conclusion corroborates with the conclusions of the past studies carried out in Nepalese context.

Journal of Nepalese Business Studies 2006/III/1 pp. 100-110

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Author Biographies

Keshar J. Baral, Tribhuvan University

Reader Faculty of Management Prithivi Narayan Campus T.U., Pokhara

Surya Kumar Shrestha, Tribhuvan University

Research Student Faculty of Management Prithivi Narayan Campus T.U., Pokhara

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Published

2007-03-28

How to Cite

Baral, K. J., & Shrestha, S. K. (2007). Daily Stock Price Behavior of Commercial Banks in Nepal. Journal of Nepalese Business Studies, 3(1), 100–110. https://doi.org/10.3126/jnbs.v3i1.487

Issue

Vol. 3 No. 1 (2006)

Section

Articles

License

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