MEASURING THE SENSITIVITY OF TURKISH AND ROMANIAN STOCK MARKETS TO EUROPEAN STOCK MARKETS: A COMPARATIVE ANALYSIS

Abstract

Since the process of globalization accelerates all over the world, trade and economic relations among countries become very intensive and the stock markets in these countries started to integrate to each other quickly. As a result of this, world wide stocBeta Coefficient, Istanbul Stock Exchange (ISE,) Bucharest Stock Exchange (BSE), ISE100 Index, BET10 Index, FTS Eurofirst 300 Index