Investing Strategies as the Sharp Movement in Exchange Rates Occurred – Evidence for the Constituent Stocks of SSE 50 and TW 50
學年 107
學期 1
出版（發表）日期 2018-12-01
作品名稱 Investing Strategies as the Sharp Movement in Exchange Rates Occurred – Evidence for the Constituent Stocks of SSE 50 and TW 50
作品名稱（其他語言）
著者 Min-Yuh Day; Manhwa Wu; Paoyu Huang; Yensen Ni
單位
出版者
著錄名稱、卷期、頁數 The Journal of Investing, 27 (4) , 58-68
摘要 We argue that the sharp movement in exchange rates may result in stock market fluctuation due to investors’ sentiments stimulated. To our knowledge, we document that the performance of trading stocks as the sharp currency movement occurred seems unexplored in the relevant literature, which might contribute to the existing literature. By using the constituent stocks of SSE 50 and TW 50 as our samples owing to comparing these two economies in Asia, we reveal that share prices would either drop substantially as the sharp depreciation or enhanced considerably as the sharp appreciation in Chinese Yuan (CNY) far different from that share prices move slightly as the sharp movement in New Taiwan Dollar (TWD), even though CNY likely managed by the authority is much less volatile than TWD. We argue that our results would be beneficial for investors in trading these constituent stocks as the occurrence of the sharp currency movement.
關鍵字
語言 en_US
ISSN 1068-0896
期刊性質 國外
收錄於 ESCI
產學合作
通訊作者
審稿制度 是
國別 USA
公開徵稿
出版型式 ,電子版
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/113688 )