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Impact of Covid-19 on stock market volatility-A Bangladesh Perspective

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  • Shaturaev, Jakhongir

Abstract

This study aims to measure the impact of Covid-19 on the volatility of stock market in Bangladesh. It considers daily data of Dhaka Stock Exchange Broad Index (DSEX) as dependent variable and growth rate of exchange rate and Brent oil price as independent variables while death case due to coronavirus as Covid-19 proxy. This study observes significantly negative impact of Covid-19 on the volatility. It is expected that the recommendations of this study may ensure a stable and vibrant capital market to enhance the economic progress of Bangladesh.

Suggested Citation

  • Shaturaev, Jakhongir, 2023. "Impact of Covid-19 on stock market volatility-A Bangladesh Perspective," MPRA Paper 118207, University Library of Munich, Germany, revised 10 Mar 2023.
    • Handle: RePEc:pra:mprapa:118207
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    References listed on IDEAS

    as
    1. Topcu, Mert & Gulal, Omer Serkan, 2020. "The impact of COVID-19 on emerging stock markets," Finance Research Letters, Elsevier, vol. 36(C).
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    6. Emon Kalyan Chowdhury & Shafaitun Nahar, 2017. "Perceptions of Accountants toward Sustainability Development Practices in Bangladesh," Journal of Management and Sustainability, Canadian Center of Science and Education, vol. 7(3), pages 112-119, September.
    7. Emon Kalyan Chowdhury, 2022. "Strategic approach to analyze the effect of Covid-19 on the stock market volatility and uncertainty: a first and second wave perspective," Journal of Capital Markets Studies, Emerald Group Publishing Limited, vol. 6(3), pages 225-241, October.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Covid-19; volatility; stock market; GARCH;
    All these keywords.

    JEL classification:

    • G0 - Financial Economics - - General
    • H0 - Public Economics - - General
    • K0 - Law and Economics - - General
    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General

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