Analysis of the COVID -19 pandemic’s impacton the indicators of Arab Financial Markets - selected cases from 11 Arab countries for the period (December 2019-may 2020) -

Abstract

The study contributed to the analysis of Covid-19 pandemic’s impact of on the indicators of Arab financial markets during the period from 1 December 2019 to 31 May 2020, during which two study periods were adopted: The first period before the Covid-19 pandemic outbreak and the second period during the Covid-19 pandemic outbreak. To achieve the objectives of the study, daily data were used for a sample of eleven representative indicators for Arab financial markets. This data was processed using statistical programs: SPSS19 and Excel 2007.We adopted the T test for the two associated samples at a 5% indication level. Statistical analysis showed a negative impact of the Covid-19 pandemic on Arab financial market indicators by having statistically significant differences in indicators between the two periods, mainly reflecting a 15.67% decline in indicator values and a 51.74% as well as the increase in their volatility.

Keywords: Covid–19 pandemic, Market indicators, Daily Return, Arab Financial markets.