{"title":"DOES COVID-19 AFFECT STOCK MARKET PRICES? (Case Study on the Impact of Designating Covid-19 as a Global Pandemic)","authors":"Amsal Irmalis, Hanafi Asnan, Damrus Damrus","doi":"10.35308/JBKAN.V5I1.3469","DOIUrl":null,"url":null,"abstract":"This research is a case study that aims to trace market reactions caused by an event in the form of non-economic circumstances which is Covid-19. The data used in this study is the closing price of each sectoral index from the Indonesia Stock Exchange. The data are taken cover the period of 5 days before and after the determination of covid-19 as a global pandemic. In this study hypothesis testing using paired sample t-test. , there is a significant difference in the stock price index on the Indonesian stock exchange before and after the determination of Covid-19 as a global pandemic.","PeriodicalId":272317,"journal":{"name":"Jurnal Bisnis Dan Kajian Strategi Manajemen","volume":"73 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2021-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Jurnal Bisnis Dan Kajian Strategi Manajemen","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.35308/JBKAN.V5I1.3469","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
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Abstract
This research is a case study that aims to trace market reactions caused by an event in the form of non-economic circumstances which is Covid-19. The data used in this study is the closing price of each sectoral index from the Indonesia Stock Exchange. The data are taken cover the period of 5 days before and after the determination of covid-19 as a global pandemic. In this study hypothesis testing using paired sample t-test. , there is a significant difference in the stock price index on the Indonesian stock exchange before and after the determination of Covid-19 as a global pandemic.
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