Stock Prices in Industrialized and Emerging Countries during Covid-19 Pandemic
Authors
Zaky Machmuddah1, *, Zaky.machmuddah@dsn.dinus.ac.id, Hayu Wikan Kinasih2, Etna Nur Afri Yuyetta3, Abdul Rohman4
1Ph.D Student of Universitas Diponegoro, Indonesia, Lecturer of Universitas Dian Nuswantoro, Semarang, Indonesia
2Universitas Dian Nuswantoro, Indonesia
3,4Universitas Diponegoro, Semarang, Indonesia
Corresponding Author
Zaky MachmuddahZaky.machmuddah@dsn.dinus.ac.id
Available Online 2 February 2022.
- DOI
- 10.2991/aisr.k.220201.036How to use a DOI?
- Keywords
- stock price; industrialized countries; emerging countries
- Abstract
This study aims to examine the daily stock prices of banking businesses in industrialized and emerging countries. The event study approach is used to analyze the daily stock prices of banking businesses listed on the NYSE, SSE, SGX, and IDX between December 1, 2020, and February 28, 2021. The Kruskal Wallis test is used to determine the discrepancies between four countries’ daily stock values. The findings result indicate that industrialized and emerging countries have different stock market valuations. The practical implication of this research is to offer investors a view of the global capital markets to assist them in making investment decisions. Theoretically, this research implication is that the data corroborate established theory.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Zaky Machmuddah AU - Hayu Wikan Kinasih AU - Etna Nur Afri Yuyetta AU - Abdul Rohman PY - 2022 DA - 2022/02/02 TI - Stock Prices in Industrialized and Emerging Countries during Covid-19 Pandemic BT - Proceedings of the 2nd International Conference on Industry 4.0 and Artificial Intelligence (ICIAI 2021) PB - Atlantis Press SP - 206 EP - 210 SN - 1951-6851 UR - https://doi.org/10.2991/aisr.k.220201.036 DO - 10.2991/aisr.k.220201.036 ID - Machmuddah2022 ER -