1. The Report on The Stock Exchange Markets of Mexico, Seoul, Warsaw and Zurich Ramiz Rahmanov Denis Sharapenko Davit Tutberidze Giorgi Tarkhan-Mouravi

6. Prior investigation of indices

7. Prior investigation of indices

8. Prior investigation of indices

9. Prior investigation of indices

10. Prior investigation of indices AR(3) KOSPI AR(4) FTSE AR(5) MXX AR(6) N225 HSI AR(1) WIG20 SSMI GDAXI DJI IXIC BVSP

11. Prior investigation of returns

12. Prior investigation of returns

13. Prior investigation of returns

14. Prior investigation of returns

15. Prior investigation of returns Index Period 1 Period 2 Period 3 MXX 1997-2002 1508 2003-2005 505 2006-2007 772 KOSPI 1997-2003 1600 2003-2007 885 2007 323 WIG20 1997-1999 500 1999-2003 1000 2003-2007 1286 SSMI 1997-2002 1395 2002-2003 205 2003-2007 1167

16. Prior investigation of returns Index Whole Period 1 Period 2 Period 3 MXX KOSPI WIG20 SSMI

21. Granger causality Index Whole Period 1 Period 2 Period 3 MXX KOSPI WIG20 SSMI

24. ARCH/GARCH models Index Whole Period 1 Period 2 Period 3 MXX E(1,2) T(1,2) KOSPI T(1,1) E(1,2) E(1,2) WIG20 T(1,2) E(1,2) G(1,2) SSMI E(1,2) E(1,1) E(1,2) T(1,2)