IDEAS home Printed from https://ideas.repec.org/a/eaa/eerese/v2y2002i2_4.html
   My bibliography  Save this article

Analisis de los Factores Condicionantes de los Precios de las acciones en el Mercado Latibex

Author

Listed:
  • Escudero, Mª. Eugenia
  • Zermeño, Jorge

Abstract

En este trabajo se analizan los factores que han influido en la formacion del precio de los valores que cotizan en Latibex, el Mercado Latinoamericano en Euros de la Bolsa de Madrid. Los precios de las acciones de las compañias que cotizan en Latibex muestran una relacion directa con la marcha de las economias de sus paises de sus paises de origen, el tipo de cambio, los precios de los titulos en sus propios mercados locales y el comportamiento del propio Latibex. Todo parece indicar que Latibex es un mercado en el que la formacion de precios resulta cada vez mas eficiente. In this paper several factors that influence on the formation of price of shares quoted at Latibex (the Latin-American market at Madrid Stock Exchange) are analysed. The share prices of the companies listed in Latibex show a direct relationship between prices formation and the evolution of their own countries' economies, exchange rates, prices of shares on their own local markets and Latibex behaviour. As a result of this we conclude that Latibex market is more and more efficient as regards prices formation.

Suggested Citation

  • Escudero, Mª. Eugenia & Zermeño, Jorge, 2002. "Analisis de los Factores Condicionantes de los Precios de las acciones en el Mercado Latibex," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 2(2).
    • Handle: RePEc:eaa:eerese:v:2:y2002:i:2_4
    as

    Download full text from publisher

    File URL: http://www.usc.es/economet/reviews/eers224.pdf
    Download Restriction: No
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eaa:eerese:v:2:y2002:i:2_4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: M. Carmen Guisan (email available below). General contact details of provider: http://www.usc.es/economet/eaa.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.