Exploring the market resilience of selected stocks in the Johannesburg Stock Exchange

Samuel Tabot Enow
Additional contact information
Samuel Tabot Enow: Research Associate, The IIE VEGA School

International Journal of Research in Business and Social Science (2147-4478), 2024, vol. 13, issue 6, 176-181

Abstract: The market resilience of a stock is an integral component of financial market because it supports smooth trading and absorb market shocks. However, the contention has always been to effectively determine the level of resilience in stocks with the application of proper methodology to make informed decisions. Therefore, aim of this study was to examine the level of market resilience in selected stocks in the Johannesburg stock exchange. Using a fixed effect model, the findings of this study indicates that most securities trading on the exchange lack market resilience. This was evident in the significant relationship between the specific independent and dependent variables. A risk coefficient should therefore be assigned to bid and ask to spread to enhance market resilience. These risk coefficients will induce the bid and ask prices to be close to the fundamental price. Key Words:Market resilience, Fixed effect, Trading, Spread

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.ssbfnet.com/ojs/index.php/ijrbs/article/view/3471/2471 (application/pdf)
https://doi.org/10.20525/ijrbs.v13i6.3471 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rbs:ijbrss:v:13:y:2024:i:6:p:176-181

Access Statistics for this article

International Journal of Research in Business and Social Science (2147-4478) is currently edited by Prof.Dr.Umit Hacioglu

More articles in International Journal of Research in Business and Social Science (2147-4478) from Center for the Strategic Studies in Business and Finance Editorial Office,Baris Mah. Enver Adakan Cd. No: 5/8, Beylikduzu, Istanbul, Turkey. Contact information at EDIRC.
Bibliographic data for series maintained by Umit Hacioglu ().