{"id":"https://openalex.org/W2094652103","doi":"https://doi.org/10.1080/758527546","title":"Day-of-the-week effects: evidence from developing stock markets","display_name":"Day-of-the-week effects: evidence from developing stock markets","publication_year":1992,"publication_date":"1992-03-01","ids":{"openalex":"https://openalex.org/W2094652103","doi":"https://doi.org/10.1080/758527546","mag":"2094652103"},"language":"en","primary_location":{"id":"doi:10.1080/758527546","doi":"https://doi.org/10.1080/758527546","is_oa":false,"landing_page_url":"https://doi.org/10.1080/758527546","pdf_url":null,"source":{"id":"https://openalex.org/S35128040","display_name":"Applied Financial Economics","issn_l":"0960-3107","issn":["0960-3107","1466-4305"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","fnege-4","jufo-1"],"host_organization":"https://openalex.org/P4310321043","host_organization_name":"Chapman and Hall London","host_organization_lineage":["https://openalex.org/P4310321043","https://openalex.org/P4310320584"],"host_organization_lineage_names":["Chapman and Hall London","CRC Press"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Financial Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5109233576","display_name":"Kie Ann Wong","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I165932596","display_name":"National University of Singapore","ror":"https://ror.org/01tgyzw49","country_code":"SG","type":"education","lineage":["https://openalex.org/I165932596"]}],"countries":["SG"],"is_corresponding":false,"raw_author_name":"Kie Ann Wong","raw_affiliation_strings":["Faculty of Business Administration, National University of Singapore, Kent Ridge, Singapore, 0511, Republic of Singapore"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Faculty of Business Administration, National University of Singapore, Kent Ridge, Singapore, 0511, Republic of Singapore","institution_ids":["https://openalex.org/I165932596"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5110175412","display_name":"Tak Hee Hui","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I165932596","display_name":"National University of Singapore","ror":"https://ror.org/01tgyzw49","country_code":"SG","type":"education","lineage":["https://openalex.org/I165932596"]}],"countries":["SG"],"is_corresponding":false,"raw_author_name":"Tak Hee Hui","raw_affiliation_strings":["Faculty of Business Administration, National University of Singapore, Kent Ridge, Singapore, 0511, Republic of Singapore"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Faculty of Business Administration, National University of Singapore, Kent Ridge, Singapore, 0511, Republic of Singapore","institution_ids":["https://openalex.org/I165932596"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5081481031","display_name":"Choy Yin Chan","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I165932596","display_name":"National University of Singapore","ror":"https://ror.org/01tgyzw49","country_code":"SG","type":"education","lineage":["https://openalex.org/I165932596"]}],"countries":["SG"],"is_corresponding":false,"raw_author_name":"Choy Yin Chan","raw_affiliation_strings":["Faculty of Business Administration, National University of Singapore, Kent Ridge, Singapore, 0511, Republic of Singapore"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Faculty of Business Administration, National University of Singapore, Kent Ridge, Singapore, 0511, Republic of Singapore","institution_ids":["https://openalex.org/I165932596"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I165932596"],"apc_list":null,"apc_paid":null,"fwci":3.587,"has_fulltext":false,"cited_by_count":97,"citation_normalized_percentile":{"value":0.93168605,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"2","issue":"1","first_page":"49","last_page":"56"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/day-of-the-week-effect","display_name":"day-of-the-week effect","score":0.9980000257492065},{"id":"https://openalex.org/keywords/weekly-seasonality","display_name":"weekly seasonality","score":0.6819999814033508},{"id":"https://openalex.org/keywords/stock-returns","display_name":"stock returns","score":0.5759999752044678},{"id":"https://openalex.org/keywords/developing-stock-markets","display_name":"developing stock markets","score":0.7839999794960022},{"id":"https://openalex.org/keywords/singapore-stock-market","display_name":"Singapore stock market","score":0.8299999833106995},{"id":"https://openalex.org/keywords/malaysian-stock-market","display_name":"Malaysian stock market","score":0.8970000147819519},{"id":"https://openalex.org/keywords/hong-kong-stock-market","display_name":"Hong Kong stock market","score":0.9990000128746033},{"id":"https://openalex.org/keywords/thai-stock-market","display_name":"Thai stock market","score":0.9900000095367432},{"id":"https://openalex.org/keywords/taiwan-stock-market","display_name":"Taiwan stock market","score":0.9919999837875366},{"id":"https://openalex.org/keywords/thin-trading","display_name":"thin trading","score":0.7450000047683716},{"id":"https://openalex.org/keywords/us-stock-market-influence","display_name":"US stock market influence","score":0.6370000243186951}],"concepts":[{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.7202225923538208},{"id":"https://openalex.org/C18246116","wikidata":"https://www.wikidata.org/wiki/Q42962347","display_name":"Names of the days of the week","level":2,"score":0.7104191780090332},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6237793564796448},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.5908902883529663},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.4302142262458801},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.42284977436065674},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.13977250456809998},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1080/758527546","doi":"https://doi.org/10.1080/758527546","is_oa":false,"landing_page_url":"https://doi.org/10.1080/758527546","pdf_url":null,"source":{"id":"https://openalex.org/S35128040","display_name":"Applied Financial Economics","issn_l":"0960-3107","issn":["0960-3107","1466-4305"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","fnege-4","jufo-1"],"host_organization":"https://openalex.org/P4310321043","host_organization_name":"Chapman and Hall London","host_organization_lineage":["https://openalex.org/P4310321043","https://openalex.org/P4310320584"],"host_organization_lineage_names":["Chapman and Hall London","CRC Press"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Financial Economics","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth","score":0.48510000109672546}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":19,"referenced_works":["https://openalex.org/W1515996566","https://openalex.org/W1982999603","https://openalex.org/W1994958116","https://openalex.org/W2001356033","https://openalex.org/W2006568420","https://openalex.org/W2013647812","https://openalex.org/W2028908934","https://openalex.org/W2030548181","https://openalex.org/W2067108134","https://openalex.org/W2069761834","https://openalex.org/W2072561038","https://openalex.org/W2078236117","https://openalex.org/W2101455925","https://openalex.org/W2101578826","https://openalex.org/W2114600177","https://openalex.org/W2132138608","https://openalex.org/W2159345505","https://openalex.org/W2297081384","https://openalex.org/W4252519795"],"related_works":["https://openalex.org/W2166708231","https://openalex.org/W2586189032","https://openalex.org/W1482672013","https://openalex.org/W2078174474","https://openalex.org/W1999852635","https://openalex.org/W2089615297","https://openalex.org/W2057692984","https://openalex.org/W2948981381","https://openalex.org/W2100735226","https://openalex.org/W1480783498"],"abstract_inverted_index":{"An":[0],"extension":[1],"of":[2,13,66],"the":[3,6,10,70,87,105,109],"research":[4],"on":[5,51,59,104],"day-of-the-week":[7,36,88,106],"effect":[8,37,89,107],"to":[9,75,86,99],"stock":[11,81],"markets":[12,25,41,46],"Singapore,":[14],"Malaysia,":[15],"Hong":[16],"Kong,":[17],"Thailand":[18],"and":[19,55],"Taiwan":[20],"is":[21,34],"presented.":[22],"These":[23,44],"small-sized":[24],"are":[26],"still":[27],"much":[28],"neglected.":[29],"We":[30],"find":[31],"that":[32,69],"there":[33],"a":[35,101],"in":[38,90,108],"all":[39],"these":[40,91],"except":[42],"Taiwan.":[43],"four":[45,64,92],"have":[47,100],"negative":[48],"mean":[49],"returns":[50,58],"Monday":[52],"or":[53],"Tuesday":[54],"high":[56],"positive":[57],"Friday.":[60],"Further":[61],"analysis":[62],"with":[63],"subperiods":[65],"data":[67],"reveals":[68],"weekly":[71],"seasonal":[72],"patterns":[73],"appear":[74],"be":[76],"period":[77],"specific.":[78],"The":[79],"US":[80],"market":[82],"has":[83],"little":[84],"contribution":[85],"markets.":[93],"Thin":[94],"trading":[95],"does":[96],"not":[97],"seem":[98],"significant":[102],"impact":[103],"Singapore":[110],"market.":[111]},"counts_by_year":[{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":5},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":4},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":5},{"year":2013,"cited_by_count":4},{"year":2012,"cited_by_count":3}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}