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Browsing Research Outputs (Finance, Risk Management and Banking) by Subject "Nigerian Stock Exchange; new share listings; under-pricing; abnormal gains; EMH; deregulation"

Browsing Research Outputs (Finance, Risk Management and Banking) by Subject "Nigerian Stock Exchange; new share listings; under-pricing; abnormal gains; EMH; deregulation"

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  • Price Behaviour Of New Share Listings In Nigeria. 
    Otaniyi, Olatunde; Makina, Daniel (Clute Institute, 2010)
    The paper investigates whether new listings on the Nigerian Stock Exchange are under-priced or not. On aggregate, we find that investors are able to make abnormal gains from new listings on the first tier (main) market of ...

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