The Relationship Between the Indicators of the Corona Pandemic and Some Variables of the Performance of the Iraq Stock Exchange

Section: Research Paper
Published
Aug 4, 2025
Pages
364-376

Abstract

The financial environment has often exchanged roles and influences between it and the external environment, and the extent of influence has reached the extent that these effects are reflected in price, value, Trading volume, and price rates that have reached negative limits, and this has not happened throughout financial history. From this, it becomes clear that the Corona pandemic has constituted a precursor to turning points in contemporary financial thought, which includes institutions, financial markets, and financial instruments, that is, the entire financial system. Entirely and not dependent on a particular country or territory. So, the research stems from a research problem that states that excluding a market, a sector, or even a particular country from the effects of Corona may be considered an ideal or a fantasy, as a business has stopped in all its stages, funding levels decline, investment rates drop, as well as the depletion of reserves, working capital and retained profits, not to mention what it suffers from. Financial markets are mainly exposed to traditional and non-traditional risks, which led to weakening performance and trading indicators for companies and sectors on the basis that Covid-19 indicators are likely to be reflected in an impactful outcome on the performance of financial markets as a whole.Hence, the research hypothesis was formulated that the Iraqi Stock Exchange, with its inclusion of indicators such as the general index and traded stocks, is likely to be negatively, morally, and importantly affected by unconventional (extreme) risks such as Covid-19, including the number (cases) confirmed and new injuries and deaths. The college and the new, and after standard tests, the research reached many conclusions, perhaps the most important of which was that the indicators of Covid-19 had negative effects on the performance of these markets during the research period, despite their violation in only two independent indicators in both models, as the pandemic affected the stock markets due to Uncertainty about the first and second waves of the pandemic, as well as the increasing number of infections and deaths, The study also found many proposals, the most important of which is that countries should prepare for second and third waves of infections, and with them, they must exercise proactive action to remedy what can be remedied, hedge against fluctuations, and address the imbalances and failures that accompanied the first wave, as well as establishing a global fund in which all countries participate within certain contributions for the purpose of Confronting and anticipating more complex global health conditions. The danger is global, and the response must be global.

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