Stock market response to COVID-19 pandemic: A comparative evidence from two emerging markets

• Published in: Scientific African Vol. 17; p. e01300
• Main Authors: Tetteh, Joseph Emmanuel, Amoah, Anthony, Ofori-Boateng, Kenneth, Hughes, George
• Format: Journal Article
• Language: English
• Published: Elsevier B.V 01.09.2022; The Authors. Published by Elsevier B.V. on behalf of African Institute of Mathematical Sciences / Next Einstein Initiative; Elsevier
• Subjects: Botswana; COVID-19; Ghana; Non-parametric; Parametric; Stock market; IMF; SARS; Ghana; ILO; COVID-19; ASEA; GDP; Non-parametric; WTO; GSE CI; BSE; Botswana; GSE; Parametric; UN; Stock market; WHO

This paper presents the first comparative study of emerging stock markets’ response to the COVID-19 pandemic with evidence from Ghana and Botswana. Using daily time-series data from March 1, 2020, to September 30, 2021, the study estimates parametric, semi-parametric and non-parametric models, and p...