COVID-19’s Impacts on the Kuwaiti Stock Market’s Performance
نویسندگان
چکیده
This study investigates the impact of COVID-19 pandemic on daily stock returns in Kuwait Stock Market (KSE) over period from 28 March to 20 April 2020. By applying event methodology (ESM) approach, results reveal that has positively impacted stocks banks, consumer goods and telecommunications sectors. However, oil & gas, real estate, financial, basic materials, industrials, services, insurance have been negatively by pandemic. The pandemic's most affected are services financial stocks. cumulative average abnormal (CAAR) all sectors were
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ژورنال
عنوان ژورنال: International journal of business and management
سال: 2021
ISSN: ['2336-2197']
DOI: https://doi.org/10.5539/ijbm.v16n5p122