Financial Market Volatility and Risk Analysis during COVID 19 Pandemic.

Author: Amal Zarar

Abstract

Spread of COVID-19 pandemic had a considerable impact on the stock markets throughout the world. The disease has generated peerless risk level in almost all the stock markets at some point of time during the pandemic. This expansion in number of COVID 19 cases and mortality has caused the investors to bear great losses during pandemic. The study analyzes how the stock markets retaliated to COVID-19 peaks which ultimately increased in the volatility in stock markets. The core objective of research is to analyze the increase in country specific risk of stock markets as well as the systematic risk in international financial markets as the confirmed cases of infection increases. The study also aims to find the market integration among the countries during the pandemic of COVID-19.