أثر فيروس كورونا على البورصة الجزائرية: دراسة تحليلية

Abstract EN

This study aimed to test the impact of the spread of the Corona virus (Covid-19) on the Algerian Exchange, for the period between 25 February and 17 December 2020.

The results showed a negative, but not significant relation, between the number of new infections with (Covid-19) in Algeria and the returns of the Algerian Exchange Index.

While, a positive and significant relation appeared between the number of deaths announced due to (Covid-19), and the returns of the Algerian exchange Index.

The results also showed a positive and significant relation between the number of new infections with (Covid-19) in Algeria and trading volume, the number of shares traded, and the number of deals in the Algerian exchange, and this indicates the preference of investors for trading and possession of financial assets when the number of new infections announced increased.

The results also showed a negative and significant relation between the number of deaths due to (Covid-19) in Algeria and trading volume and the number of shares traded in the Algerian exchange, while this negative relation was not significant for the number of deals in the Algerian exchange.

The results showed also that the response of the Algerian exchange to the number of deaths announced due to (Covid-19) was greater than its response to the number of new infections with (Covid-19).