Оценка влияния пандемии Covid-19 на Тегеранскую фондовую биржу

В то время как предыдущие исследования о влиянии Covid-19 на фондовые рынки были сосредоточены на развитых странах, данное научное исследование направлено на исследование влияния пандемии Covid-19 на формирующийся рынок фондовой биржи Ирана. Выборка для исследования включала 245 компаний, котирующихся на Тегеранской фондовой бирже (TФБ). В данном исследовании используются регрессионные модели панельных данных для оценки влияния Covid-19 на доходность акций в период с 12 по 26 февраля 2020. Результаты исследования показали, что объявление о вспышке коронавируса в Иране не вызвало аномального роста фондового рынка. Анализируя влияние пандемии на различные отрасли было отмечено, что другие секторы не проявили необычной реакции на новости, за исключением трех групп банков, металлургических компаний и фармацевтических компаний. Обсуждение и заключение: результаты этого исследования свидетельствуют о низкой рыночной эффективности TФБ. Учитывая, что TФБ зависит от макропеременных в стране, мы обнаружили, что металлургическая промышленность Ирана сближается с мировым рынком металлов. Будущие исследования и последствия: инвесторам следует обратить внимание на международные события, влияющие на металлургическую промышленность, что открывает новые темы для будущих исследований. Для дальнейшего исследования долгосрочного влияния короновируса на рынок капитала в будущих исследованиях предлагается использовать такие модели, как GARCH.

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