The Index Effect: an investigation of the price and volume effects surrounding changes to the S & P Australian indices

This paper examines the stock price and volume effects surrounding the announcement of constituent changes to the S&P/ASX 200 and four supplementary indices. Between April 2000 and December 2002 additions to (deletions from) the ASX 200 were associated with a significant price rise (fall) over the 10 day period following the market announcement of the change. Deletions were also associated with a significant fall on the announcement date itself These findings were corroborated by significant increases in trading volume over the same intervals, suggesting heavy trading activity by index funds in response to changes to the ASX 200. Following the implementation of these changes, both additions and deletions experienced a significant price reversion, supporting the price pressure hypothesis. By contrast, none of the supplementary indices displayed evidence of stock price or volume effects, which precludes the information and liquidity hypotheses as viable explanations for the findings of this research.

Ulster-New Zealand migration and cultural transfers / Brad Patterson

Books
Medievalism and the Gothic in Australian Culture. Edited by Stephanie Trigg.

What If? Australian History as It Might Have Been. Edited by Stuart Macintyre and Sean Scalmer.

Disputed Histories: Imagining New Zealand's Pasts. Edited by Tony Ballantyne and Brian Moloughney.

The Myth of the Great Depression. By David Potts.

Memory, Monuments and Museums: The Past in the Present. Edited by Marilyn Lake.

Connected Worlds: History in Transnational Perspective. Edited by Marilyn Lake and Ann Curthoys.

Island Ministers: Indigenous Leadership in Nineteenth Century Pacific Islands Christianity. By Raeburn Lange.

Texts and Contexts: Reflections in Pacific Islands Historiography. Edited by Doug Munro and Brij V. Lai.

Day of Reckoning. By Lachlan Strahan.

Appropriated Pasts: Indigenous Peoples and the Colonial Culture of Archaeology. By Ian J. McNiven and Lynette Russell.

Recognising Aboriginal Title: The Mabo Case and Indigenous Resistance to English-Settler Colonialism. By Peter H. Russell.

Black Glass: Western Australian Courts of Native Affairs 1936-54. By Kate Auty.

Edward Eyre, Race and Colonial Governance. By Julie Evans.

Gender and Empire. By Angela Woollacott.

Uncommon Ground: White Women in Aboriginal History. Edited by Anna Cole, Victoria Haskins and Fiona Paisley.

Mixed Relations: Asian-Aboriginal Contact in North Australia. By Regina Ganter, with contributions from Julia Martinez and Gary Lee.

Botany Bay: Where Histories Meet. By Maria Nugent.

A Man of All Tribes: The Life of Alick Jackomos. By Richard Broome and Corinne Manning.

Black Founders: The Unknown Story of Australia's First Black Settlers. By Cassandra Pybus.

Over the Mountains of the Sea: Life on the Migrant Ships 1870-1885. By David Hastings.

Ulster-New Zealand Migration and Cultural Transfers. Edited by Brad Patterson.

From Paesani to Global Italians: Veneto Migrants in Australia. By Loretta Baldassar and Ros Pesman.

Ways of Seeing China: From Yellow Peril to Shangrila. By Timothy Kendall.

East by South: China in the Australasian Imagination. Edited by Charles Ferrall, Paul Millar and Keren Smith.

Arthur Tange: Last of the Mandarins. By Peter Edwards.

Kin: A Collective Biography of a Working-Class New Zealand Family. By Melanie Nolan.

Ida Leeson A Life: Not a Blue-Stocking Lady. By Sylvia Martin.

Will Dyson: Australia's Radical Genius. By Ross McMullin.

Francis De Groot: Irish Fascist Australian Legend. By Andrew Moore.

South by Northwest: The Magnetic Crusade and the Contest for Antarctica. By Granville Allen Mawer.

From Woolloomooloo to 'Eternity': A History of Australian Baptists. 2 vols. Volume 1: Crowing and Australian Church (1831-1914), Volume 2: A National Church in a Global Community (1914-2005). By Ken R. Manley.