Fasting 'feelgood' factor: Holy month of Ramadan reduces volatility in markets, research finds

Tuesday, August 10, 2010 - 08:21 in Mathematics & Economics

A new international study investigating the correlation between the Islamic holy month of Ramadan and stock markets has discovered that the average stock market returns in predominantly Muslim countries were historically almost nine times higher during Ramadan compared to other months of the lunar calendar.

Read the whole article on Science Daily

More from Science Daily

Latest Science Newsletter

Get the latest and most popular science news articles of the week in your Inbox! It's free!

Check out our next project, Biology.Net