THE IMPACT OF DIFFERENT WAVES OF THE COVID19 PANDEMIC ON THE STOCK MARKETS IN SOUTH ASIAN COUNTRIES

http://dx.doi.org/10.31703/gssr.2021(VI-II).24      10.31703/gssr.2021(VI-II).24      Published : Jun 2
Authored by : Muhammad Ishtiaq , Aisha Imtiaz , Hina Mushtaq

24 Pages : 238-253

References

  • Adeel-Farooq, R. M., Abu Bakar, N. A., & Raji, J. O. (2017). Trade openness, financial liberalization, and economic growth: The case of Pakistan and India. South Asian Journal of Business Studies, 6(3), 229-246. https://doi.org/10.1108/sajbs-06-2016-0054.
  • Agrawal, J., & Kamakura, W. A. (1995). The economic worth of celebrity endorsers: An event study analysis. Journal of Marketing, 59(3), 56-62.
  • Ahmed, S. (2020). Impact of COVID-19 on Performance of Pakistan Stock Exchange. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3643316
  • Akhtaruzzaman, M., Boubaker, S., & Sensoy, A. (2021). Financial contagion during COVID-19 crisis. Finance Research Letters, 38, 101604. https://doi.org/10.1016/j.frl.2020.101604.
  • Al-Awadhi, A. M., Alsaifi, K., Al-Awadhi, A., & Alhammadi, S. (2020). Death and contagious infectious diseases: Impact of the COVID-19 virus on stock market returns. Journal of behavioral and experimental finance, 27, 100326.
  • Park, C. Y., Villafuerte, J., Abiad, A., Narayanan, B., Banzon, E., Samson, J., Aftab, A., & Tayag, M. C. (2020). An Updated Assessment of the Economic Impact of COVID-19. ADB BRIEFS, 33. https://doi.org/10.22617/brf200144-2.
  • Ashraf, B. N. (2020). Stock markets' reaction to COVID-19: Cases or fatalities? Research in International Business and Finance, 54, 101249. https://doi.org/10.1016/j.ribaf.2020.101249
  • Ball, R., & Brown, P. (1968). An Empirical Evaluation of Accounting Income Numbers. Journal of Accounting Research, 6(2), 159. https://doi.org/10.2307/2490232
  • Berchin, I. I., & de Andrade, J. B. S. O. (2020). GAIA 3.0: Effects of the Coronavirus Disease 2019 (COVID-19) outbreak on sustainable development and future perspectives. Research in Globalization, 2, 100014.
  • Binder, J. (1998). The event study methodology since 1969. Review of Quantitative Finance and Accounting, 11(2), 111-137.
  • Burdekin, R. C., & Harrison, S. (2021). Relative Stock Market Performance during the Coronavirus Pandemic: Virus vs. Policy Effects in 80 Countries. Journal of Risk and Financial Management, 14(4), 177.
  • Cheema, M. A., Faff, R. W., & Szulczuk, K. (2020).
  • The 2008 global financial crisis and COVID-19 pandemic: How safe is the safe-haven assets? Covid Economics, Vetted and Real- Time Papers, 34, 88-115.
  • Chevallier, J. (2020). COVID-19 pandemic and financial contagion. Journal of Risk and Financial Management, 13(12), 309.
  • Cox, J., Greenwald, D. L., & Ludvigson, S. C. (2020). What Explains the COVID-19 Stock Market? (No. w27784). National Bureau of Economic Research.
  • Dunford, M., & Qi, B. (2020). Global reset: COVID- 19, systemic rivalry and the global order. Research in Globalization, 2, 100021.
  • Just, M., & Echaust, K. (2020). Stock market returns, volatility, correlation, and liquidity during the COVID-19 crisis: Evidence from the Markov switching approach. Finance Research Letters, 37, 101775.
  • Kaplanski, G., & Levy, H. (2010). Sentiment and stock prices: The case of aviation disasters. Journal of Financial Economics, 95(2), 174-201.
  • Khan, K., Zhao, H., Zhang, H., Yang, H., Shah, M. H., & Jahanger, A. (2020). The impact of COVID- 19 pandemic on stock markets: An empirical analysis of world major stock indices. The Journal of Asian Finance, Economics, and Business, 7(7), 463-474.
  • Liu, H., Manzoor, A., Wang, C., Zhang, L., & Manzoor, Z. (2020). The COVID-19 outbreak and affected countries' stock markets response. International Journal of Environmental Research and Public Health, 17(8), 2800.
  • Phan, D. H. B., & Narayan, P. K. (2020). Country responses and the reaction of the stock market to COVID-19 - A preliminary exposition. Emerging Markets Finance and Trade, 56(10), 2138-2150.
  • Sahasranamam, S. (2021). Innovation and entrepreneurship amidst coronavirus: a hybrid innovation network response. South Asian Journal of Business Studies, 10(2), 265- 271. https://doi.org/10.1108/sajbs-05-2020- 0135
  • Sareen, S. (2020). COVID-19 and Pakistan: The Economic Fallout. ORF Occasional Papers,
  • Shafi, M., Liu, J., & Ren, W. (2020). Impact of COVID-19 pandemic on micro, small, and medium-sized Enterprises operating in Pakistan. Research in Globalization, 2, 100018.

References

  • Adeel-Farooq, R. M., Abu Bakar, N. A., & Raji, J. O. (2017). Trade openness, financial liberalization, and economic growth: The case of Pakistan and India. South Asian Journal of Business Studies, 6(3), 229-246. https://doi.org/10.1108/sajbs-06-2016-0054.
  • Agrawal, J., & Kamakura, W. A. (1995). The economic worth of celebrity endorsers: An event study analysis. Journal of Marketing, 59(3), 56-62.
  • Ahmed, S. (2020). Impact of COVID-19 on Performance of Pakistan Stock Exchange. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3643316
  • Akhtaruzzaman, M., Boubaker, S., & Sensoy, A. (2021). Financial contagion during COVID-19 crisis. Finance Research Letters, 38, 101604. https://doi.org/10.1016/j.frl.2020.101604.
  • Al-Awadhi, A. M., Alsaifi, K., Al-Awadhi, A., & Alhammadi, S. (2020). Death and contagious infectious diseases: Impact of the COVID-19 virus on stock market returns. Journal of behavioral and experimental finance, 27, 100326.
  • Park, C. Y., Villafuerte, J., Abiad, A., Narayanan, B., Banzon, E., Samson, J., Aftab, A., & Tayag, M. C. (2020). An Updated Assessment of the Economic Impact of COVID-19. ADB BRIEFS, 33. https://doi.org/10.22617/brf200144-2.
  • Ashraf, B. N. (2020). Stock markets' reaction to COVID-19: Cases or fatalities? Research in International Business and Finance, 54, 101249. https://doi.org/10.1016/j.ribaf.2020.101249
  • Ball, R., & Brown, P. (1968). An Empirical Evaluation of Accounting Income Numbers. Journal of Accounting Research, 6(2), 159. https://doi.org/10.2307/2490232
  • Berchin, I. I., & de Andrade, J. B. S. O. (2020). GAIA 3.0: Effects of the Coronavirus Disease 2019 (COVID-19) outbreak on sustainable development and future perspectives. Research in Globalization, 2, 100014.
  • Binder, J. (1998). The event study methodology since 1969. Review of Quantitative Finance and Accounting, 11(2), 111-137.
  • Burdekin, R. C., & Harrison, S. (2021). Relative Stock Market Performance during the Coronavirus Pandemic: Virus vs. Policy Effects in 80 Countries. Journal of Risk and Financial Management, 14(4), 177.
  • Cheema, M. A., Faff, R. W., & Szulczuk, K. (2020).
  • The 2008 global financial crisis and COVID-19 pandemic: How safe is the safe-haven assets? Covid Economics, Vetted and Real- Time Papers, 34, 88-115.
  • Chevallier, J. (2020). COVID-19 pandemic and financial contagion. Journal of Risk and Financial Management, 13(12), 309.
  • Cox, J., Greenwald, D. L., & Ludvigson, S. C. (2020). What Explains the COVID-19 Stock Market? (No. w27784). National Bureau of Economic Research.
  • Dunford, M., & Qi, B. (2020). Global reset: COVID- 19, systemic rivalry and the global order. Research in Globalization, 2, 100021.
  • Just, M., & Echaust, K. (2020). Stock market returns, volatility, correlation, and liquidity during the COVID-19 crisis: Evidence from the Markov switching approach. Finance Research Letters, 37, 101775.
  • Kaplanski, G., & Levy, H. (2010). Sentiment and stock prices: The case of aviation disasters. Journal of Financial Economics, 95(2), 174-201.
  • Khan, K., Zhao, H., Zhang, H., Yang, H., Shah, M. H., & Jahanger, A. (2020). The impact of COVID- 19 pandemic on stock markets: An empirical analysis of world major stock indices. The Journal of Asian Finance, Economics, and Business, 7(7), 463-474.
  • Liu, H., Manzoor, A., Wang, C., Zhang, L., & Manzoor, Z. (2020). The COVID-19 outbreak and affected countries' stock markets response. International Journal of Environmental Research and Public Health, 17(8), 2800.
  • Phan, D. H. B., & Narayan, P. K. (2020). Country responses and the reaction of the stock market to COVID-19 - A preliminary exposition. Emerging Markets Finance and Trade, 56(10), 2138-2150.
  • Sahasranamam, S. (2021). Innovation and entrepreneurship amidst coronavirus: a hybrid innovation network response. South Asian Journal of Business Studies, 10(2), 265- 271. https://doi.org/10.1108/sajbs-05-2020- 0135
  • Sareen, S. (2020). COVID-19 and Pakistan: The Economic Fallout. ORF Occasional Papers,
  • Shafi, M., Liu, J., & Ren, W. (2020). Impact of COVID-19 pandemic on micro, small, and medium-sized Enterprises operating in Pakistan. Research in Globalization, 2, 100018.

Cite this article

APA

    APA : Ishtiaq, M., Imtiaz, A., & Mushtaq, H. (2021). The Impact of different Waves of the COVID-19 Pandemic on the Stock Markets in South Asian Countries. Global Social Sciences Review, VI(II), 238-253. https://doi.org/10.31703/gssr.2021(VI-II).24

CHICAGO

    CHICAGO : Ishtiaq, Muhammad, Aisha Imtiaz, and Hina Mushtaq. 2021. "The Impact of different Waves of the COVID-19 Pandemic on the Stock Markets in South Asian Countries." Global Social Sciences Review, VI (II): 238-253 doi: 10.31703/gssr.2021(VI-II).24

HARVARD

    HARVARD : ISHTIAQ, M., IMTIAZ, A. & MUSHTAQ, H. 2021. The Impact of different Waves of the COVID-19 Pandemic on the Stock Markets in South Asian Countries. Global Social Sciences Review, VI, 238-253.

MHRA

    MHRA : Ishtiaq, Muhammad, Aisha Imtiaz, and Hina Mushtaq. 2021. "The Impact of different Waves of the COVID-19 Pandemic on the Stock Markets in South Asian Countries." Global Social Sciences Review, VI: 238-253

MLA

    MLA : Ishtiaq, Muhammad, Aisha Imtiaz, and Hina Mushtaq. "The Impact of different Waves of the COVID-19 Pandemic on the Stock Markets in South Asian Countries." Global Social Sciences Review, VI.II (2021): 238-253 Print.

OXFORD

    OXFORD : Ishtiaq, Muhammad, Imtiaz, Aisha, and Mushtaq, Hina (2021), "The Impact of different Waves of the COVID-19 Pandemic on the Stock Markets in South Asian Countries", Global Social Sciences Review, VI (II), 238-253

TURABIAN

    TURABIAN : Ishtiaq, Muhammad, Aisha Imtiaz, and Hina Mushtaq. "The Impact of different Waves of the COVID-19 Pandemic on the Stock Markets in South Asian Countries." Global Social Sciences Review VI, no. II (2021): 238-253. https://doi.org/10.31703/gssr.2021(VI-II).24