The nature of returns on Nigerian stock Exchange

dc.contributorAalto Universityen
dc.contributorAalto-yliopistofi
dc.contributor.advisorRannikko, Heikki
dc.contributor.authorRaji, Nazir Olatunji
dc.contributor.departmentMikkelin kampusfi
dc.contributor.schoolKauppakorkeakoulufi
dc.contributor.schoolSchool of Businessen
dc.date.accessioned2018-09-10T09:30:17Z
dc.date.available2018-09-10T09:30:17Z
dc.date.issued2018
dc.description.abstractObjectives Review the literature on issues on how to compute stock returns, macroeconomic policies in Nigeria and the recent developments on the NSE and identify knowledge gaps between my study and previous studies on the stocks on the NSE. Summary This study aims to examine the three-microstructure issues on the stocks listed on the Nigerian stock exchange. The second microstructure issue, it also covers the dynamism of the market capitalization of the Nigerian stock exchange. This study covers only common equity trades because other such as government and corporate bonds transactions are not frequently traded on the Nigerian stock exchange. The nature of returns of the stocks listed on the Nigerian Stock Exchange (NSE) between 1996-2016 Unlike the Stock exchanges found in developed G7 countries, and in most middle-income countries. Conclusions My study has enormous implication for businesses. First, business invest excess cash holding in the money and capital market. This study shows the implication of investing in the Nigerian stock market over a long horizon, especially if one takes the macroeconomy into consideration. Also, the dynamics of the transactions and other activities on the stock market often preludes the direction of the economy. Businesses can learn from this study in that regard.en
dc.format.extent39
dc.format.mimetypeapplication/pdfen
dc.identifier.urihttps://aaltodoc.aalto.fi/handle/123456789/33973
dc.identifier.urnURN:NBN:fi:aalto-201809105084
dc.language.isoenen
dc.programme(Mikkeli) Bachelor’s Program in International Businessen
dc.subject.keywordstock exchangeen
dc.subject.keywordstock returnsen
dc.subject.keywordmoney supplyen
dc.subject.keywordmacroeconomic variablesen
dc.subject.keywordGDPen
dc.subject.keywordNigeria
dc.titleThe nature of returns on Nigerian stock Exchangeen
dc.typeG1 Kandidaatintyöfi
dc.type.ontasotBachelor's thesisen
dc.type.ontasotKandidaatintyöfi
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