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AN ANALYTICAL STUDY ON THE EARLY IMPACT OF COVID-19 ON GLOBAL STOCK INDICES A COMPARATIVE APPROACH OF INDIAV/S SPAIN, ...
ISSN: 2320 - 5407Publisher: author   
AN ANALYTICAL STUDY ON THE EARLY IMPACT OF COVID-19 ON GLOBAL STOCK INDICES A COMPARATIVE APPROACH OF INDIAV/S SPAIN, ...
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Science General
ARTICLE-FACTOR
1.3
Article Basics Score: 3
Article Transparency Score: 3
Article Operation Score: 2
Article Articles Score: 2
Article Accessibility Score: 3
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International Category Code (ICC):
ICC-1402
Publisher: International Journal Of Advanced Research (ijar) Dr Morse
International Journal Address (IAA):
IAA.ZONE/232073965407
eISSN
:
2320 - 5407
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Abstract
The spread of the corona virus disease COVID-19 has severely impacted the global financial markets. These are incredibly uncertain times, with countries around the world suffering the destabilizing effects of the pandemic. This research paper evaluates the early impact of the coronavirus outbreak on nine leading stock market indices in majorly affected countries including India, Spain, France, the USA, Germany, Italy, and the UK. The consequences of infectious disease are considerable and have been directly affecting stock markets worldwide. The scope of this paperis confined to the analysis of nine global indices including NASDAQ, Dow Jones, FTSE 100, IBEX 35, FTSEMIB, CAC 40, BSE, NSE and DAX 30 composite. The COVID-19 impact has beenanalysed on the above-mentioned indices for the period of 30st Jan 2020 (announced as a pandemic by WHO) to 30th April 2020. i.e. a period of 90 days (63 trading days) are considered for a paired sample...