Modelling Volatility and Estimation of the Market Risk Using Monthly Returns of Top 10 Index. A Study at Zimbabwe Stock Exchange
- Author
- Mutamba, Rangarirai. N
- Title
- Modelling Volatility and Estimation of the Market Risk Using Monthly Returns of Top 10 Index. A Study at Zimbabwe Stock Exchange
- Abstract
-
Zimbabwe stock exchange (ZSE) is a financial market on which trading of assets takes place,
assets such as equities (stocks), bonds, currencies trades at ZSE. ZSE was founded in 1946 and it
is a licensed security in terms of the security and exchange act (24:25). ZSE core mandatory is to
facilitate long-term capital raising through listing of securities as well as offering secondary market
securities trading and issuer regulation services. There are 63 companies listed at ZSE and a
domestic market capitalization of 8,288 million US$. There are four indices, namely All Share
index, Top ten index, Industrial index and the Mining Index. ZSE does manual trading on
weekdays call over that begins at 9.00am and noon. The roles of the ZSE are to facilitate raising
to long-term capital for companies, government and semi-government institutes. Providing a
regulated platform for secondary market buying and selling of securities and information such as
historical financials, securities and markets reports. ZSE supervises and monitor the trading
process to ensure transparency in the market and that no unfair practices are done to manipulate
the market. - Date
- 2021
- Publisher
- BUSE
- Keywords
- Modelling Volatility
- Supervisor
- Mr. Basira
- Item sets
- Department of Statistics and Mathematics
