MA Thesis

The Impact Of Covid-19 Related Restrictions On Returns Finantial Stock Market Indices

Year:

2020

Published in:

Kyiv School of Economics
COVID-19 pandemic
global economy growth
US-China trade war
Brexit
public health security

The year 2020 came out to be extremely unpredictable and eventful. Nevertheless, we do need to take into account the economic-related forecasts from the year 2019 as lots of major and valuable events happened back there and the consequences are still occurring: US presidential elections anticipation, China and US trade war and Brexit. Considering those, the IMF forecasted moderate global economy growth of around 3.4%. However, the outbreak of coronavirus (COVID-19) that has turned out into pandemic, started in December 2019 in the city of Wuhan, China, put the world into the state it has never been plunged before. On April 25, 2020, the virus has already affected more than 5 500 000 people in almost all countries, having killed over 340 000 thousand. Starting from January 22, 2020, The World Health Organization (WHO) started monitoring this situation and presented daily reports about cases of newly infected, dead and recovered. The pandemic has invoked significant concerns about public security and health all over the world. Some experts were afraid of pandemic causing significant damage to the economy globally even at the start of January. Moreover, considering the fact that all the events used to be consistently brought up by media with shocking and frightening headlines and information that not always passes verification stage. Hence, the market had to react representing the attitude of the masses