Asian Stock Markets Show No Day of the Week Effect: Impact on Trading Strategies
The article looked at stock markets in India, Hong Kong, Japan, and China to see if certain days of the week had an impact on returns. They analyzed data from 2000 to 2011 and found that different markets had higher returns on different days - like BSE in India doing well on Wednesdays. Overall, they didn't find a consistent pattern of certain days being better for investing across all the markets studied.