Intepretation of Johansen Cointengration Test

[khor1984]

Hi,

I am a new beginner of Eviews. I am doing on the weak form market efficiency of 8 stock exchanges in the Asian region. My ADF unit root test shows that all the stock market indexes are integrated of the same order at I(1).

Then, I proceed to do Johansen Cointegration Test. I do not know which assumption to use. So, I choose assumption 3 and assumption 6. Attached are the output of my analysis, but I have no idea on how to intepret it.

Please help as I need it for my MBA thesis. TQVM.


Thanks.

[khor1984]

Is Johansen-Null hypothesis refer to ''Series are not cointegrated''?
Appreciate feedback from those familiar with Johansen.
TQVM.