Open AccessEFFECT OF GOVERNMENTAL ANNOUNCEMENT AND DECISIONS DURING COVID-19 ON INDONESIAN SECTORAL INDEXES
Author(s) -
Irshad Adriatama,
Raden Aswin Rahadi
Publication year - 2021
Publication title -
jurnal manajemen dan wirausaha/jurnal manajemen dan kewirausahaan
Language(s) - English
Resource type - Journals
eISSN - 2338-8234
pISSN - 1411-1438
DOI - 10.9744/jmk.23.1.61-75
Subject(s) - indonesian , pandemic , covid-19 , index (typography) , composite index , happening , period (music) , economics , stock market , stock (firearms) , business , financial economics , geography , stock exchange , history , finance , philosophy , archaeology , pathology , world wide web , computer science , art history , medicine , physics , performance art , infectious disease (medical specialty) , context (archaeology) , linguistics , acoustics , disease
Global economy is suffering from a crisis due to COVID-19, during few months after the virus had begun to spread stock prices had been falling drastically all over the world. This paper aim to analyze what is happening to the stock market in Indonesia during the period of COVID-19 pandemic. The analysis will be done by looking at the historical data of several composite index from different sectors during the period of pandemic. We will take notes of important dates during this pandemic such as: first confirmed case, first death, work-from-home policy date, and other dates, to see whether these events can affect the index price during this pandemic by analyzing abnormal return on a certain period near those dates.