Impact of COVID-19 Pandemic and Vaccinations on Pakistan Stock Exchange
The study aims to investigate the impact of the COVID-19 outbreak and vaccinations on market returns in Pakistan. For this purpose, the study considered a sample period of January 2019 to December 22. This study 14 events of the COVID-19 outbreak and 09 events to establish the impact of Covid-19 and vaccination on capital market returns. The study reveals the strong negative impact of COVID-19 proxies such as 1st wave, 2nd wave, travel restrictions, and travel lockdown on market returns. Meanwhile, vaccination has a positive effect on Pakistan's market returns. Future research can be conducted to compare the impact of COVID-19 on different sectors of the stock market.
Authors
- Shahzad Hussain (ORCID: https://orcid.org/0000-0001-8564-9113)
- Wardah Tariq
- Sarah Qaim
- Khurram Jawad
- Rizwana Hayat
Institutions
- Foundation University Islamabad (PK)
- Rawalpindi Medical University (PK)
- Iqra University (PK)
- TD Bank (US)
- Fatima Jinnah Women University (PK)
Publication Details
- Journal
- Journal of Regional Studies Review
- Published
- 2024-12-30
- DOI
- https://doi.org/10.62843/jrsr/2024.3a033
- Primary Topic
- COVID-19 Pandemic Impacts
- Type
- article
- Field-Weighted Citation Impact
- 0.00