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<p align="left">This study examines the relationship between stock returns and market segmentation. Monthly returns of stocks listed on the JSE from 1997-2007 are analysed using mostly the analytic factor and cluster analysis techniques. Evidence supporting the use of multi-index models in explaining the return generating process on the JSE is found. The results provide additional support for Van Rensburg (1997)'s hypothesis on market segmentation on the JSE.</p>
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Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:uwc/oai:UWC_ETD:http%3A%2F%2Fetd.uwc.ac.za%2Findex.php%3Fmodule%3Detd%26action%3Dviewtitle%26id%3Dgen8Srv25Nme4_6143_1260529298 |
Date | January 2008 |
Creators | Chimanga, Artwell S. |
Source Sets | South African National ETD Portal |
Language | English |
Detected Language | English |
Type | Thesis and dissertation |
Format | |
Coverage | ZA |
Rights | Copyright: University of the Western Cape |
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