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Determinants of the Stock Market Performance amid COVID-19 Pandemic: Evidence from the UK

Abstract

Aims: The pandemic has negatively impacted the performance of all the financial markets around the globe including stock market’s performance as well. Therefore, the aim of the current study is to assess determinants of the UK stock market performance during the pandemic.

Method/design: The present study uses the secondary quantitative research method. For this purpose, the researcher has derived data from different companies in the UK. For data analysis, correlation, and regression analysis highlights the effects of a pandemic on stock markets performance and this was analysed by using Eviews software.

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Introduction

The COVID-19 pandemic has negatively influenced the global economy and public health. Despite governments having implemented nationwide quarantine policies and travel, the pandemic has resulted in higher mortality rates (Bou et al., 2021). Different studies have been conducted to address the impact of the COVID-19 pandemic on different sectors and working behaviour (Baker et al., 2020). Economic stability is also affected due to fluctuations in stock market performance. Researchers have evaluated that the pandemic’s impact on economic stability is directly dependent on the macro or microeconomic environment and financial markets (Novoa, 2021)

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References

Aifuwa, H. O., Saidu, M., & Aifuwa, S. A. (2020). Coronavirus pandemic outbreak and firms performance in Nigeria. Management and Human Resources Research.

Al-Ababneh, M. M. (2020). Linking ontology, epistemology and research methodology. Science & Philosophy, 8(1), 75-91.

Alharahsheh, H. H., & Pius, A. (2020). A review of key paradigms: Positivism VS interpretivism. Global Academic Journal of Humanities and Social Sciences, 2(3), 39-43.

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