A Comparative Analysis of Stock Price Behaviors on the Colombo and Nigeria Stock Exchanges

Time series models are widely used in economics today; especially the nonlinear models under the stationary and non-stationary frameworks for forecasting future patterns. This study sheds light on stock market performance between the Colombo stock exchange (CSE) and Nigeria stock exchange (NSE) from January 2007 to May 2013 under the comparative purposes. Miscellaneous types of statistical techniques were widely used. The study results clearly suggested that the price movement in CSE is more volatile than NSE.

   R.M. Kapila Tharanga Rathnayaka: School of Economics, Wuhan University of Technology, Wuhan, P.R. China., Department of Physical Science & Technology, Faculty of Applied Science, Sabaragamuwa University of Sri Lanka,Sri Lanka,  kapila.tr@gmail.com

    D.M. K. N. Seneviratna: School of Economics, Wuhan University of Technology, Wuhan, P.R.China., Department of Interdisciplinary Studies, Faculty of Engineering, University of Ruhuna, Sri Lanka.kseneviratna@gmail.com

R.M. Kapila Tharanga Rathnayaka, D.M. K. N. Seneviratna "A Comparative Analysis of Stock Price Behaviors on the Colombo and Nigeria Stock Exchanges" International Journal of Business, Economics and Managment Works, Vol. 1, Issue. 2, PP. 12-16, Dec. 2014. 

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