The Effect of Covid-19 on The Egyptian Stock market

Ali, Prof. Dr. Sherif Mohamed; Kabel, Dr. Tarek Mohamad Safwat; Soliman, Mohamed Ahmed Monged

doi:10.21608/masf.2024.414644

The Effect of Covid-19 on The Egyptian Stock market

نوع المستند : المقالة الأصلية

المؤلفون

¹ Professor of Economics and Public Finance Former Vice-President for Education and Student Affairs university of Sadat city Faculty of Commerce - Sadat City University

² Lecturer of economics and public finance economics and public finance department Faculty of Commerce - Sadat City University

³ Demonstrator at Economics and Public Finance department Faculty of commerce- University of Sadat city

10.21608/masf.2024.414644

المستخلص

This research investigates the impact of COVID-19 on the stock markets of Egypt and see the effect of it on some countries like China, the USA, India, Indonesia, and Vietnam. Using data collected in 2020 and analyzing it through SPSS, the study examines correlations between daily confirmed COVID-19 cases, deaths, and stock market indices.

The findings reveal a negative impact of COVID-19 on the Egyptian stock market, while advanced markets like the USA and China showed resilience due to strong governmental interventions. Interestingly, stock markets in developing countries demonstrated mixed responses, with some positive effects observed during lockdown recovery phases.

الكلمات الرئيسية