A Surprising Relationship Between Ramadan and the Stock Market

Could you have ever imagined any connection between Ramadan and the performance of stock markets?  As surprising as it may be, a recent study revealed that in countries with a majority of Muslims, the stock market returns were nine times higher in Ramadan as compared to the other months.  The findings of this study also show that market volatility decreased during this time too.  Wow! Of all the benefits of