PERFORMANCE OF NEW STOCK ISSUES ON THE KLSE
DOI:
https://doi.org/10.66674/r725ny24Abstract
This paper investigates the price performance of new issues of common stock at the time of initial listing and during the period following their initial listing on The Kuala Lumpur Stock Exchange during the period January 1980 to December 1989. The results indicate significant returns at the time of initial listing and insignificant returns during the period following their initial listing.
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Copyright (c) 1993 Ku Nor Izah Ku Ismail, Faudziah Zainal Abidin, Nasruddin Zainudin (Author)
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Authors retain copyright and grant Capital Markets Review the right of first publication. Articles are published under the Creative Commons Attribution 4.0 International (CC BY 4.0) licence: https://creativecommons.org/licenses/by/4.0/. This licence permits sharing and adaptation for any purpose, including commercial use, provided appropriate credit is given, a link to the licence is supplied and any changes are indicated. Third-party material excluded from the article's licence must be clearly identified, and authors are responsible for obtaining any required permission.
