The impact of coronavirus (covid-19) on Iraq stock market (industrial sector) : an event study
Other Title(s)
تأثير فيروس كورونا (كوفيد -19) على سوق العراق للأوراق المالية (القطاع الصناعي) : دراسة حدث
Source
Tikrit Journal of Administration and Economics Sciences
Issue
Vol. 17, Issue 56، ج. 4 (31 Dec. 2021), pp.558-573, 16 p.
Publisher
Tikrit University College of Administration and Economic
Publication Date
2021-12-31
Country of Publication
Iraq
No. of Pages
16
Main Subjects
Topics
Abstract EN
This research aims to give an overview of the study of events, and study the impact of the Corona virus (COVID19) on the Iraqi stock market.
As well as discussing the necessary steps to apply the event methodology, and the study problem was represented by the following question: What is the impact of the covid-19 epidemic on the returns of the industrial sector in the Iraqi stock market, the study was applied to (5) companies from the industrial sector companies for a daily data series for the period from 1-1- 2019 to 12-31-2020.
The data of the industrial sector in the Iraqi Stock Market was analyzed by studying the event using (Excel) program, and the results showed that most of the windows of the events that were examined, have negative abnormal cumulative returns (CAR); It was also noted that quite a few companies had positive reviews.
Despite the different rates of abnormal return in different windows of events, the highest loss was in the Baghdad Company for Soft Drinks, in addition, Al-Mansour Company for Pharmaceutical Industries recorded the highest profit different and for a certain period of time.
American Psychological Association (APA)
Hamid, Athar Talal& al-Husini, Dua Numan Muhammad. 2021. The impact of coronavirus (covid-19) on Iraq stock market (industrial sector) : an event study. Tikrit Journal of Administration and Economics Sciences،Vol. 17, no. 56، ج. 4, pp.558-573.
https://search.emarefa.net/detail/BIM-1367722
Modern Language Association (MLA)
Hamid, Athar Talal& al-Husini, Dua Numan Muhammad. The impact of coronavirus (covid-19) on Iraq stock market (industrial sector) : an event study. Tikrit Journal of Administration and Economics Sciences Vol. 17, no. 56, ج. 4 (2021), pp.558-573.
https://search.emarefa.net/detail/BIM-1367722
American Medical Association (AMA)
Hamid, Athar Talal& al-Husini, Dua Numan Muhammad. The impact of coronavirus (covid-19) on Iraq stock market (industrial sector) : an event study. Tikrit Journal of Administration and Economics Sciences. 2021. Vol. 17, no. 56، ج. 4, pp.558-573.
https://search.emarefa.net/detail/BIM-1367722
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1367722