An Analysis of the Influences of COVID-19 Pandemic on the Infrastructure Sector Price Index from March 1, 2021 - April 19th, 2022
- DOI
- 10.2991/978-94-6463-234-7_14How to use a DOI?
- Keywords
- COVID – 19; Daily Cases; Deaths; Jakarta Stock Industrial Classification (JASICA); Sectoral Price Index; Vaccination
- Abstract
This study aims to analyze the effect of the COVID-19 Pandemic on stock price performance based on the number of daily cases, the number of daily deaths, and the vaccination rate. Furthermore, this research was conducted on the Sectoral Price Index found on the Indonesia Stock Exchange (IDX), especially in the Infrastructure sector.
In this study, three independents were used such as the number of cases, the daily number of deaths, and the vaccination rate. This study shows that the effect between the Sectoral Price Index in form of the Jakarta Stock Industrial Classification (JASICA) and the number of daily cases, the number of daily deaths, and the vaccination rate is reciprocal. Moreover, based on the research it could have been known that both numbers of the daily case and daily deaths are having implications for the Sectoral Price Index, as well as the vaccination rate. Hence, the vaccination rate is having a ‘hope’ effect for investors and thus could bring positive sentiment towards the index.
In addition, previous research analyzes to determine the effect of the COVID-19 Pandemic on the Stock Market based on IDX mainboard data. The variables used to see the effect is daily cases of COVID, the daily number of deaths, and also social restrictions.
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Shabrina Adzhani Dewi AU - Imo Gandakusuma PY - 2023 DA - 2023/09/29 TI - An Analysis of the Influences of COVID-19 Pandemic on the Infrastructure Sector Price Index from March 1, 2021 - April 19th, 2022 BT - Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022) PB - Atlantis Press SP - 138 EP - 147 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-234-7_14 DO - 10.2991/978-94-6463-234-7_14 ID - Dewi2023 ER -