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The impact of COVID – 19 on the stocks’ yield from the pharmaceutical sector

Meral Kagitci ()
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Meral Kagitci: Bucharest University of Economic Studies, Bucharest, Romania

Journal of Financial Studies, 2020, vol. 9, issue 5, 58-71

Abstract: In a period marked by negative effects of the sanitary-economic crisis at the level of worldwide economy, analysis upon the impact on sectors that compose the system displays a special emphasis, the pharmaceutical one being of great importance, generating revenues of over 1,25B USD in 2019; field which was in a continuous ascension until the start of the COVID-19 pandemic. The article aims to show the impact of factors such as the economic-political uncertainty through the implemented policies (EPU), the new COVID-19 cases recorded, as well as the Dow Jones index (DIJIA) upon daily yield recorded by the pharmaceutical field, a key field for a healthy society in a continuous development.

Keywords: yield; stock exchange rate; COVID- 19; pharmaceutical sector. (search for similar items in EconPapers)
JEL-codes: A10 C10 F30 F37 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:fst:rfsisf:v:5:y:2020:i:9:p:58-71

DOI: 10.6084/m9.figshare.13621772

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