Abstract
In this study, ARCH-class models are estimated by using chosen daily data on stock exchange market. Volatility of stock market returns of the Borsa Istanbul-100 (BIST-100) Index around The Food-Beverage Sector Index and The Technology Sector Index is analyzed by estimating the volatility equation between the years of 2003 and 2012 and for 2608 observations. The reason of using the Food-Beverage Sector and Technology Sector Indexes as independent variables is that the food and beverage sector all around the world is the one which is expected less affected by fluctuations in economy because of the characteristics of being obligatory good in some aspects and that technology sector has been developing day by day via globalization and smart devices besides all of the world in Turkey as well. As a result of the analyses made, it is ascertained that there is a relationship between the BIST-100 Index volatility and both The Food-Beverage Sector Index return volatility, and also The Technology Sector Index return volatility.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
