Pandemic Attack and Islamic Stocks Index: A Cross Country Analysis
نویسندگان
چکیده
The impact of Covid-19 has triggered the current global economic downturn affecting all aspects economy including Islamic stock index. This study aims to determine model for forecasting index is used in six countries through adopting Autoregressive Conditional Heteroscedasticity - Generalized (ARCH-GARCH) method on daily data over period January 2020 October 2020. risk level each was found be influenced by residual value from previous day. revealed tendency prices decline. These are associated with impacts pandemic and future performance. Investors need assess sector's fundamentals individual stocks question, that potential winners propensity recover grow well once market rebounds. They also continuously track development tandem sector thus make necessary adjustments at every step investment process. © 2021 Penerbit Universiti Kebangsaan Malaysia. All rights reserved.
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ژورنال
عنوان ژورنال: Jurnal ekonomi Malaysia
سال: 2021
ISSN: ['0127-1962']
DOI: https://doi.org/10.17576/jem-2021-5501-2