Stock prices and trading volumes impact bid-ask spread in textile companies.
The study looked at how stock price, stock return, stock trading volume, and return variance affect the bid-ask spread of textile and garment companies on the Indonesia Stock Exchange from 2019 to 2020. They found that stock prices and trading volumes impact the bid-ask spread, but stock returns and return variances do not. Overall, all these factors together influence the bid-ask spread of these companies.