Evidence map›Paper›PMID 36575746›Full record

ArticleSAGE open

The link Between Stock Exchange Sectors and Indices: Implications During the COVID-19 Pandemic.

Florin-Teodor Boldeanu, Adriana Veronica Litră, José Antonio Clemente-Almendros, Ileana Tache

Abstract read
In one paragraph

Article in SAGE open. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.

0numbers the graph read from it
0cells of the map it votes in
0citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

0 citing papers in PubMed.

No citing paper in PubMed yet.

4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

4 authors.

Florin-Teodor BoldeanuTransilvania University of Brasov, Romania.ORCID https://orcid.org/0000-0002-6741-9688
Adriana Veronica LitrăTransilvania University of Brasov, Romania.ORCID https://orcid.org/0000-0001-7407-1168
José Antonio Clemente-AlmendrosUniversidad Internacional de La Rioja, Logroño, Spain.ORCID https://orcid.org/0000-0002-8934-471X
Ileana TacheTransilvania University of Brasov, Romania.ORCID https://orcid.org/0000-0003-4559-3367

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

The paper investigates the impact of the COVID-19 pandemic, using the event study approach for the Bucharest Stock Exchange, by which Bucharest Stock Indices and listed firms grouped by sectors were analyzed. The paper uses three important event days, 20 January 2020, 11 March 2020, and 15 March 2020. The findings demonstrate that initially investors were not concerned about the pandemic, showing that they did not realize the extent of globalization and transmission of events on financial markets. Both after 11 March and after 15 March 2020, stock indices have declined, investors becoming worried about the prospects of their dividends and the stock liquidity. The most affected sectors were those related to metallurgical industry, IT&C. After the lockdown, there was a reversal for some sectors like pharmaceutical and biotechnology, electricity production, transportation and distribution, and IT&C. Understanding the intensity and direction of the link between some sectors and indices may influence investment strategies and help in hedging, especially in times of pandemics.

Indexed as

announcementCOVID-19event studylockdownsectorial analysisstock market indices

Identifiers

PMID36575746
PMCPMC9773000

What Socratic holds

Textmetadata
LicenceCC BY
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Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the Socratic graph.