Spaseska, Tatjana and Odzaklieska, Dragica and Hristoski, Ilija and Risteska, Aneta and Risteska, Fanka The Impact of COVID-19 on the Stock Markets: Evidence from North Macedonia. Balkan and Near Eastern Journal of Social Sciences. ISSN 2149-9314
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Abstract
Because of the global pandemic of COVID 19, the stock markets evidence loses, while the stocks are losing their
values drastically. Namely, the world stock markets are losing of billions of euros due to the coronavirus pandemic that caused
a blow to the economy with restrictions on the movement of citizens and new working conditions for companies. Some of
the world economic media write that the fall brought by the pandemic on some stock markets is bigger than the one caused
by the economic crisis in 2008.
The covid-19 virus epidemic that has hit the global stock markets has also harmed the domestic stock market, most notably
in the MBI10 index, which contains the ten most liquid securities of listed companies. This index sank by 22.43% in March
2020 which is significantly decline, having in mind that in the past 5 years MBI10 was characterized with continuous doubledigit annual growths. Oil companies, travels agencies, manufacturers were also exposed to the corona outbreak, their stocks
were also in the downfall losing over 10% of their stock value. Nevertheless, in terms of COVID 19, the value of banks’ shares
recorded rise.
Starting from the a.m., the main objective of this research will be directed towards providing data about
| Item Type: | Article |
|---|---|
| Subjects: | Scientific Fields (Frascati) > Social Sciences > Economics and Business |
| Divisions: | Faculty of Economics |
| Depositing User: | Mr Dimitar Risteski |
| Date Deposited: | 04 May 2021 08:23 |
| Last Modified: | 04 May 2021 08:23 |
| URI: | https://eprints.uklo.edu.mk/id/eprint/6384 |
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