Impacts of Us Stock Market on Vietnam Stock Market

oleh: Trang Hồng Đoan, Nguyễn Thu Hiền

Format: Article
Diterbitkan: TẠP CHÍ KHOA HỌC ĐẠI HỌC MỞ THÀNH PHỐ HỒ CHÍ MINH 2020-10-01

Deskripsi

This study evaluates impacts of US stock market, represented by Dow Jones Industrial Average Index (DJIA), on Vietnam stock market, particularly on the VN-Index and six investment portfolios classified by size, growth and liquidity. Results show that DJIA has positive effect on VN-Index and the six portfolios. The more liquid portfolio is most affected by the DJIA