COVID-19, Mobility, and Stock Markets Performance: Evidence From ASEAN–5

Time-series and time frequency domain analyses were used to examine the impact of mobility in ASEAN-5 stock markets. Using daily data, most markets (except for two) found have a long-run association with mobility. We no Granger causality short run, except two The analysis revealed strong co-movement between performance, as can be seen over longer period emergence different COVID-19 variants. These findings offer further understanding on mobility-based causes designing better investment strategies policies.