Stock Liquidity Listed on IDX Main Board During the COVID-19 Pandemic

DOI

10.2991/978-94-6463-226-2_17How to use a DOI?

Keywords

Stock liquidity; Pandemic COVID-19; Financial Market; Main Board Index

Abstract

This study is conducted to investigate the effect of the COVID-19 pandemic to the stock liquidity listed on the main board index (MBX). The study employs a panel data regression to analyze the impacts of COVID-19 pandemic proxied by the daily growth of total cases and total deaths due to COVID-19 as variables independent to stock liquidity proxied by Spread and Illiquidity Amihud (2002) as variable dependent from 3 March to 30 November 2021. The results show that there are negative impacts of the COVID-19 pandemic to stock liquidity. Analysis between sectors show that there are significant differences in the impacts of pandemic, the Mining and Finance sectors are the most affected, but Consumer Good Industry, Agriculture, and Trade, Services, & Investment sectors are the least affected.

Copyright

© 2023 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.

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TY  - CONF
AU  - Riadah Masita
AU  - Ririen Setiati Riyanti
PY  - 2023
DA  - 2023/08/30
TI  - Stock Liquidity Listed on IDX Main Board During the COVID-19 Pandemic
BT  - Proceedings of the International Conference on Economics, Management and Accounting (ICEMAC 2022)
PB  - Atlantis Press
SP  - 188
EP  - 201
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-226-2_17
DO  - 10.2991/978-94-6463-226-2_17
ID  - Masita2023
ER  -