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Applied Financial Economics Volume 17, 2007 - Issue 3
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Original Articles

Daily weather effects on the returns of Australian stock indices

Stephen P. Keef Faculty of Commerce and Administration, Victoria University of Wellington, PO Box 600, Wellington, New Zealand
&
Melvin L. Roush College of Business, Department of Accounting, Pittsburg State University, Pittsburg, KS 66762, USACorrespondence[email protected]
Pages 173-184 | Published online: 13 Feb 2007

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Miia Parnaudeau & Jean-Louis Bertrand. (2018) The contribution of weather variability to economic sectors. Applied Economics 50:43, pages 4632-4649.
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Fabio Pizzutilo & Valeria Roncone. (2017) Red sky at night or in the morning, to the equity market neither a delight nor a warning: the weather effect re-examined using intraday stock data. The European Journal of Finance 23:14, pages 1280-1310.
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Milos Bujisic, Vanja Bogicevic & H. G. Parsa. (2017) The effect of weather factors on restaurant sales. Journal of Foodservice Business Research 20:3, pages 350-370.
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Hui-Chu Shu & Jung-Hsien Chang. (2015) Investor Sentiment and Financial Market Volatility. Journal of Behavioral Finance 16:3, pages 206-219.
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Andy Saporoschenko. (2011) The effect of Santa Ana wind conditions and cloudiness on Southern California stock returns. Applied Financial Economics 21:10, pages 683-694.
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Jing-Ming Kuo, Jerry Coakley & Andrew Wood. (2010) The lunar moon festival and the dark side of the moon. Applied Financial Economics 20:20, pages 1565-1575.
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Hui-Chu Shu & Mao-Wei Hung. (2009) Effect of wind on stock market returns: evidence from European markets. Applied Financial Economics 19:11, pages 893-904.
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Robert B. Durand, Marta Simon & Alex Szimayer. (2009) Anger, sadness and bear markets. Applied Financial Economics 19:5, pages 357-369.
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Articles from other publishers (36)

Jae H. Kim & Abul Shamsuddin. (2023) Stock market anomalies: An extreme bounds analysis. International Review of Financial Analysis 90, pages 102841.
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Sharad Asthana & Rachana Kalelkar. (2023) Effect of geomagnetic activity on investors and managers: evidence from the pricing and timing of disclosure of earnings news. Asian Review of Accounting 31:3, pages 387-413.
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Sandra Notaro & Gianluca Grilli. (2023) The Influence of Ambient Weather Conditions on Stated Preferences for Ecosystem Services Management. Environmental Management.
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Xiyong Dong & Seong-Min Yoon. (2023) Effect of weather and environmental attentions on financial system risks: Evidence from Chinese high- and low-carbon assets. Energy Economics 121, pages 106680.
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Fanglin Chen, Xin Zhang & Zhongfei Chen. (2023) High‐Temperature Exposure and Land Transactions in China. Earth's Future 11:4.
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Janesh Sami. (2021) Weather, investor psychology and stock returns: evidence from Fiji's stock market. Review of Behavioral Finance 15:1, pages 65-78.
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Yuandong Su, Xinjie Lu, Qing Zeng & Dengshi Huang. (2022) Good air quality and stock market returns. Research in International Business and Finance 62, pages 101723.
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Sezen GÜNGÖR & Nihan TOMRİS KÜÇÜN. (2022) Ruh Halimizi Etkileyen Hava Durumu Parametreleri Borsa Verilerini De Etkiler Mi?Do Weather Parameters That Affect Our Mood Also Affect Stock Market Data?. 19 Mayıs Sosyal Bilimler Dergisi 3:3, pages 334-340.
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Yumeng Yan, Xiong Xiong, Shuo Li & Lei Lu. (2022) Will temperature change reduce stock returns? Evidence from China. International Review of Financial Analysis 81, pages 102112.
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Nils Muhlack, Christian Soost & Christian Johannes Henrich. (2021) Does Weather Still Affect The Stock Market?. Schmalenbach Journal of Business Research 74:1, pages 1-35.
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Waldemar Tarczyński, Urszula Mentel, Grzegorz Mentel & Umer Shahzad. (2021) The Influence of Investors’ Mood on the Stock Prices: Evidence from Energy Firms in Warsaw Stock Exchange, Poland. Energies 14:21, pages 7396.
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Joseph Emmanuel Tetteh & Anthony Amoah. (2020) Stock market performance: is the weather a bother in the tropics? Evidence from Ghana. Journal of Economic and Administrative Sciences 37:4, pages 535-553.
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Sucharita Chatterjee & Dipak Ghosh. (2021) Impact of Global Warming on SENSEX fluctuations — A study based on Multifractal detrended cross correlation analysis between the temperature anomalies and the SENSEX fluctuations. Physica A: Statistical Mechanics and its Applications 571, pages 125815.
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Chinnadurai Kathiravan, Murugesan Selvam, Balasundram Maniam, Sankaran Venkateswar & Marxia Oli Sigo. (2020) Does temperature influence the carbon index? Evidences from India. Journal of Public Affairs 21:1.
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Ruxandra Trifan. 2021. Digitalization in Finance and Accounting. Digitalization in Finance and Accounting 83 94 .
Zhuhua Jiang, Sang Hoon Kang, Chongcheul Cheong & Seong-Min Yoon. (2019) The Effects of Extreme Weather Conditions on Hong Kong and Shenzhen Stock Market Returns. International Journal of Financial Studies 7:4, pages 70.
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Ibrahim Filiz, Thomas Nahmer & Markus Spiwoks. (2019) Herd behavior and mood: An experimental study on the forecasting of share prices. Journal of Behavioral and Experimental Finance 24, pages 100232.
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Jie Hou, Wendong Shi & Jingwei Sun. (2019) Stock Returns, weather, and air conditioning. PLOS ONE 14:7, pages e0219439.
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Mahdi Salehi, Mohamad Reza Fakhri Mahmoudi & Ali Daemi Gah. (2019) A meta-analysis approach for determinants of effective factors on audit quality. Journal of Accounting in Emerging Economies 9:2, pages 287-312.
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Chamil W. Senarathne. (2018) The Impact of Corporate Cultural Behaviour on Common Stock Return: Some Implications for Corporate Governance. Management of Organizations: Systematic Research 80:1, pages 115-130.
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Mariani Massimo & Pizzutilo Fabio. (2018) Is there a weather effect? Evidence from a panel of emerging countries stock markets. African Journal of Business Management 12:21, pages 620-639.
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Qinqin Wu, Ying Hao & Jing Lu. (2018) Air pollution, stock returns, and trading activities in China. Pacific-Basin Finance Journal 51, pages 342-365.
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Jae H. Kim. (2017) Stock returns and investors' mood: Good day sunshine or spurious correlation?. International Review of Financial Analysis 52, pages 94-103.
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Muhammad Fayyaz Sheikh, Syed Zulfiqar Ali Shah & Shahid Mahmood. (2017) Weather Effects on Stock Returns and Volatility in South Asian Markets. Asia-Pacific Financial Markets 24:2, pages 75-107.
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Raúl Gómez Martínez, María Luisa Medrano García & Jose Antonio Gallego Vázquez. (2017) Twitter investment alerts for Ibex35 securities. Revista Perspectiva Empresarial 4:1, pages 61-71.
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Nikolaos Sariannidis, Grigoris Giannarakis & Xanthi Partalidou. (2016) The effect of weather on the European stock market. International Journal of Social Economics 43:9, pages 943-958.
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Manfred Frühwirth & Leopold Sögner. (2015) Weather and SAD related mood effects on the financial market. The Quarterly Review of Economics and Finance 57, pages 11-31.
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Cahit Guven & Indrit Hoxha. (2015) Rain or shine: Happiness and risk-taking. The Quarterly Review of Economics and Finance 57, pages 1-10.
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Ethan Watson & Mary C. Funck. (2012) A cloudy day in the market: short selling behavioural bias or trading strategy. International Journal of Managerial Finance 8:3, pages 238-255.
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Jing Lu & Robin K. Chou. (2012) Does the weather have impacts on returns and trading activities in order-driven stock markets? Evidence from China. Journal of Empirical Finance 19:1, pages 79-93.
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Hui-Chu Shu. (2010) Investor mood and financial markets. Journal of Economic Behavior & Organization 76:2, pages 267-282.
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Sang Hoon Kang, Zhuhua Jiang, Yeonjeong Lee & Seong-Min Yoon. (2010) Weather effects on the returns and volatility of the Shanghai stock market. Physica A: Statistical Mechanics and its Applications 389:1, pages 91-99.
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Andrew Worthington. (2009) An Empirical Note on Weather Effects in the Australian Stock Market. Economic Papers: A journal of applied economics and policy 28:2, pages 148-154.
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Seong-Min Yoon & Sang Hoon Kang. (2009) Weather effects on returns: Evidence from the Korean stock market. Physica A: Statistical Mechanics and its Applications 388:5, pages 682-690.
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Manfred Frühwirth & Leopold Sögner. (2013) Weather & SAD Induced Mood Effects on the Financial Market. SSRN Electronic Journal.
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Cahit Guven. (2009) Weather and Financial Risk-Taking: Is Happiness the Channel?. SSRN Electronic Journal.
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