TY  - BOOK
AU  - Kalu O., Emenike 
TI  - Weak-form Efficiency After Global Financial Crisis: Emerging Stock Market Evidence 
KW  - Weak-form EMH,
KW  - stock returns,
KW  - sectors of economy,
KW  - global financial crisis,
KW  - Nigeria
N2  - his article investigates weak-form efficiency of the Nigerian Stock Exchange (NSE) and its sectors for the post-global financial crisis period using autocorrelation test, Ljung–Box Q test, McLeod-Li portmanteau test and ARCH-LM test. The descriptive statistics show that the returns of NSE and its sectors are positive. The results show that (i) investors can only predict banking sector return using superior fundamental analysis of their intrinsic values; (ii) prediction of the NSE 30 and Shari’ah equities sector returns require nonlinear model and fundamental analysis and (iii) consumer goods sector and oil and gas sector may be predicted using both technical and fundamental analyses
ER  -