Börsen Kuwait, Daressalam und Aquis in FTSE Mondo Visione Exchanges Index

Forecasting FTSE Index Using Global Stock Markets

Using data from July 1997 to July 2007, we examine if the FTSE index is affected by the past behavior of the DOW, DAX, NIKKEI, Hang Seng and Shanghai indices. We compare three different methods of estimating regression parameters. The results show that the FTSE lagged variable and the NIKKEI and DOW past performance are good indicators of the future performance of the FTSE. The models produce d...

Comovement and FTSE 100 Index Changes

We employ the Barberis, Shleifer and Wurgler (2004) methodology to investigate the impact of changes to the FTSE 100 index on return comovement over the 1992-2002 period. For FTSE stock inclusions the average increase in the beta coe¢ cient is 0.38 in univariate regressions for weekly returns and 0.60 in bivariate regressions that control for the return on non-FTSE stocks. Stocks deleted from t...

Projecto AQUIS

Evolutionary Arbitrage For FTSE-100 Index Options and Futures

The objective in this paper is to develop and implement FGP-2 (Financial Genetic Programming) on intra daily tick data for stock index options and futures arbitrage in a manner that is suitable for online trading when windows of profitable arbitrage opportunities exist for short periods from one to ten minutes. Our benchmark for FGP-2 is the textbook rule for detecting arbitrage profits. This r...

Drought Analysis for Kuwait Using Standardized Precipitation Index

Implementation of adequate measures to assess and monitor droughts is recognized as a major matter challenging researchers involved in water resources management. The objective of this study is to assess the hydrologic drought characteristics from the historical rainfall records of Kuwait with arid environment by employing the criterion of Standardized Precipitation Index (SPI). A wide range of...