The Lima Stock Exchange, 1980-1990: an analysis of liquidity, profitability and risk

Authors

  • David Wong UP

DOI:

https://doi.org/10.21678/apuntes.29.338

Keywords:

Peru, stock exchange, financial market, profitability, liquidity, risk

Abstract

This article analyzes Lima's Stock Exchange through 33 securities in the 1980-1990 periods, using the Capital Asset Pricing model. It arrives to the following conclusions: a few securities were liquid assets; not always stock exchange was an attractive alternative; the dollar was one of the best securities; and, all efficient portfolios included low risk deposits, even if these offered a negative real return.

Downloads

Download data is not yet available.

Downloads

Published

1991-12-09

How to Cite

Wong, D. (1991). The Lima Stock Exchange, 1980-1990: an analysis of liquidity, profitability and risk. Apuntes. Social Sciences Journal, (29), 67–87. https://doi.org/10.21678/apuntes.29.338

Issue

Apuntes 29

Section

Articles

License

Apuntes publishes all its articles and reviews under a Creative Commons Attribution (CC BY 4.0) license with the objective of promoting academic exchange worldwide. Therefore, articles and book reviews can be distributed, edited, amended, etc., as the author sees fit. The only condition is that the name of the author(s) and Apuntes. Revista de Ciencias Sociales (as the publisher) be cited.