Covid infection and death rate correlated with stock returns: BICM research
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Thursday
August 18, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
THURSDAY, AUGUST 18, 2022
Covid infection and death rate correlated with stock returns: BICM research

Corporates

TBS Report
18 October, 2021, 10:00 pm
Last modified: 18 October, 2021, 10:06 pm

Related News

  • BICM holds seminar on certification of corporate governance compliance
  • BICM signs APA with FID
  • BICM organises training on ‘Investment in Capital Market’
  • MoU signed between ACCA and BICM
  • National Institute of Capital Market distributes certificates among students

Covid infection and death rate correlated with stock returns: BICM research

This research examines how the impact of Covid-19 on stock market returns is different in developed countries than in developing countries

TBS Report
18 October, 2021, 10:00 pm
Last modified: 18 October, 2021, 10:06 pm
Covid infection and death rate correlated with stock returns: BICM research

The number of Covid-19 infections and deaths is positively correlated with stock returns, according to a research by Bangladesh Institute of Capital Markets (BICM).

The research findings were revealed at a seminar held at BICM Multipurpose Hall on Monday, said a press release.

Samantha Rahman, master in economics at Sydney University, presented the keynote speech titled "Covid-19 and Stock Markets: Are Developing Economies Affected Differently from the Developed Countries?" at the seminar.

Dhaka University professor M Sadiqul Islam and United International University professor Mohammad Musa spoke at the programme presided over by BICM Executive President Professor Dr Mahmuda Akter.

BICM Director Wajid Hasan Shah conducted the session.

According to the research, Covid-19 pandemic has a negative impact on a country's stock market. The impact of pandemic on developing and developed economies may vary as the role of government in the spread of the disease, different government measures, and vaccine procurement may differ.

This research examines how the impact of Covid-19 on stock market returns is different in developed countries than in developing countries.

The research was conducted on 77 developed and developing countries from 1 January to 11 June 2020.

Professor Mohammad Musa said, "The sensitivity of any information in the stock market is very high.

He agrees with the findings of the study, saying that the stock return decreases due to the over-reaction of the investors in the first three months of Covid.

 
 

BICM

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Chinese Ambassador to Bangladesh Li Jiming. Photo: Collected
    BRT accident: Beijing will not object to any action against Chinese contractor, says envoy
  • BB sends show-cause notice to 6 bank MDs over unusual profit from dollar dealings
    BB sends show-cause notice to 6 bank MDs over unusual profit from dollar dealings
  • Photo: Collected
    'Din The Day' director decides to sue Ananta Jalil citing breach of contract

MOST VIEWED

  • Photo: Courtesy
    DU IBA team bags Battle of Minds 2021
  • 8 Bangladeshi students fly to Thailand to attend ‘Seeds for The Future’ competition
    8 Bangladeshi students fly to Thailand to attend ‘Seeds for The Future’ competition
  • Photo: Courtesy
    Asiatic Mindshare dominates Commward 2022
  • Photo: PR
    Unilever Bangladesh wins 'Asia's Best Employer Brands 2022' award
  • Photo: PR
    AIUB, USB Certification, Türkiye sign MoU for textile, fabric lab
  • Southeast Bank organises tree plantation programme to observe National Mourning Day
    Southeast Bank organises tree plantation programme to observe National Mourning Day

Related News

  • BICM holds seminar on certification of corporate governance compliance
  • BICM signs APA with FID
  • BICM organises training on ‘Investment in Capital Market’
  • MoU signed between ACCA and BICM
  • National Institute of Capital Market distributes certificates among students

Features

We will be facing massive, recurring challenges in the coming years no matter what. Photo: Reuters

Holes in the recession story

4h | Panorama
Illustration: Bloomberg

What nonmonogamy can teach moonlighters and job jugglers

3h | Pursuit
The members of BracU Dichari in Poland for the ERL Championship Round. Photo: Courtesy

BracU Dichari: A Bangladeshi robotics team on the world stage

4h | Pursuit
FundedNext aims to provide funds to traders with the best possible trading experience and to maximise the opportunity to unleash their true potential. Photo: Noor-A-Alam

FundedNext: A global prop-trading firm built by a Bangladeshi youth

4h | Panorama

More Videos from TBS

How much money do you need to fulfill your dream

How much money do you need to fulfill your dream

14m | Videos
Photo: TBS

Get paid for just sleeping!

6h | Videos
Photo: TBS

Who benefits from the ongoing global recession

7h | Videos
Vivo to bring new phone with 'special features'

Vivo to bring new phone with 'special features'

19h | Videos

Most Read

1
From left Afzal Karim, Murshedul Kabir and Mohammad Jahangir
Banking

Sonali, Agrani and Rupali banks get new MDs

2
Photo: TBS
Bangladesh

5 crushed to death as BRT girder falls on car in Uttara

3
Russia now offers Bangladesh finished oil
Energy

Russia now offers Bangladesh finished oil

4
Photo: Collected
Economy

Bangladesh is not in a crisis situation: IMF

5
Dollar price drops by Tk8 in kerb market
Economy

Dollar price drops by Tk8 in kerb market

6
Banks limited to profit highest Tk1 per dollar
Economy

Banks limited to profit highest Tk1 per dollar

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net