TY - JOUR
T1 - Information processing and the UK weekend effect
T2 - Do investors cut their losses on Mondays?
AU - Steeley, James M.
PY - 2004/11/15
Y1 - 2004/11/15
N2 - This paper complements earlier work by the author that shows that the pattern of information arrivals into the UK stock market may explain the behaviour of returns. It is argued that delays or other systematic behaviour in the processing of this information could compound the impact of information arrival patterns. It is found, however, that this does not happen, and so it is the arrival and not the processing of news that is most important. © 2004 Taylor & Francis Ltd.
AB - This paper complements earlier work by the author that shows that the pattern of information arrivals into the UK stock market may explain the behaviour of returns. It is argued that delays or other systematic behaviour in the processing of this information could compound the impact of information arrival patterns. It is found, however, that this does not happen, and so it is the arrival and not the processing of news that is most important. © 2004 Taylor & Francis Ltd.
KW - pattern of information arrivals
KW - UK stock market
KW - behaviour of returns
UR - http://www.scopus.com/inward/record.url?scp=10244264747&partnerID=8YFLogxK
UR - https://www.tandfonline.com/doi/abs/10.1080/1350485042000263890
U2 - 10.1080/1350485042000263890
DO - 10.1080/1350485042000263890
M3 - Article
SN - 1350-4851
VL - 11
SP - 895
EP - 899
JO - Applied Economics Letters
JF - Applied Economics Letters
IS - 14
ER -