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International Journal of Advanced Engineering, Management and Science


The Causality Relationship between Hnx Index and Stock Trading Volume in Hanoi Stock Exchange

( Vol-3,Issue-3,March 2017 )

Author(s): Vuong Quoc Duy, Le Long Hau



Total View : 917
Downloads : 164
Page No: 155-160
ijaems crossref doiDOI: 10.24001/ijaems.3.3.1

Keywords:

Ha Noi Stock Exchange, market index – trading volume relations, Granger causality test.

Abstract:

This paper examines the casual relations between the market return and trading volume for the Ha Noi Stock Exchange during the period from May 3th , 2013 to March 2rd, 2016. This paper uses Granger test and the results showed that the change of the volume of transactions that affect the change of HNX-Index. On the basis of this conclusion, we shall determine the degree of influence of the change in trading volume with HNX-Index by means of regression analysis.

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