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

Jakhongir Shaturaev

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Covid-19; volatility; stock market; GARCH (search for similar items in EconPapers)
JEL-codes: G0 H0 K0 M0 (search for similar items in EconPapers)
Date: 2023-02-15, Revised 2023-03-10
New Economics Papers: this item is included in nep-rmg
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Published in The Market Review 10.2(2023): pp. 27-37

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:118207

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