View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by ZENODO THE BRITISH ACCOUNTING REVIEW 10 (2017) 0890-8389 Available online at srpij.com/journals/The-British-Accounting-Review/articles/ The British Accounting Review Journal homepage: srpij.com/journals/The-British-Accounting-Review/ Paper Title Trading volume and volatility in the Boursa Kuwait Jasim Al-Ajmi
[email protected] [email protected] Tel: 973 39444284 Ahlia University Bld 41 Rd 18 Al-Hoora 310 P.O. Box 10878, Manama Bahrain A R T I C L E I N F O A B S T R A C T This paper presents the results of a study of the effect of daily trading volume on the persistence of time- Article history: varying conditional volatility for Kuwait Stock Exchange. The sample includes the market index, seven Received OCTOBER 2017 sectoral indices and 20 stocks. Whereas inclusion of contemporaneous volume in the equation of Accepted OCTORBER 2017 conditional variance does not reduce the persistence of volatility for the eight indices, this is not the case for individual companies. Furthermore, the lagged intraday volatility has higher predictive power for Keywords: Vitamin D, Obesity, Body- volatility than the lagged trading volume. These results lend further support to the mixture of distribution Weight, Height, Children hypothesis at the level of firm, but not at the market and sectoral levels. © 10 (2017) 0890-8389. Hosting by Thomson Reuters B.V. All rights reserved. Peer review under responsibility of Paper Editors Hosting by Thomson Reuters see front matter © 2017 0890-8389 – Hosting by Thomson Reuters - All rights reserved.