Reaction of Stock Market to Covid-19: A South Asian Perspective

Chowdhury, Emon Kalyan (2022): Reaction of Stock Market to Covid-19: A South Asian Perspective. Published in: , Vol. 3, No. 28 (31 March 2022): pp. 18-39.

Abstract

The arrival of unexpected guest Coronavirus disease 2019 popularly known as Covid-19 has created a lot of problems in our life. Though it was a health-hazard initially, later on it became a financial and social threat to our life. This study has been initiated to examine the behavior of stock markets in selected South Asian countries amid the pandemic. The research outcomes indicate the outpouring of market return volatilities due to rapid spread of the coronavirus in all the markets. The markets are adversely influenced by Covid-19 confirmed cases, deaths, volatility index, changes in oil price, exchange rate, inflation rate and interest rate.

• Item Type: MPRA Paper
• Language: English
• Keywords: Covid-19; South Asia; stock return; volatility
• Subjects: C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General; F - International Economics > F3 - International Finance; G - Financial Economics > G0 - General; P - Economic Systems > P0 - General

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