Stock market anomalies: is the weather effect present in the Amsterdam Stock Exchange?

In this thesis the existence of the weather effect in the Amsterdam Exchange (AEX) is investigated during a 14 year time period from 2005 to 2018. The weather variables used were average temperature, hours of sunshine, duration of rainfall, average windspeed and relative humidity. The AEX stock variables used were stock return and trading volume. Significant influence has been found for stock returns on average temperature and trading volume on average windspeed. Several significant relationships on stock variables have been found for interaction variables. However, a clear weather effect for the AEX stock index cannot be concluded.