COVID-19 announcements and investor reactions on the australian securities exchange
Abstract
The extraordinary situation due to COVID-19 pandemic has created an opportunity to examine the behavioural patterns of investors by way of the level of trading activities on the Australian Securities Exchange (ASX) around the releases of crucial information regarding the COVID-19 pandemic. This study aims to identify abnormal trading volume at ASX around eight selected significant announcements and measures of the COVID-19 pandemic in Australia. The study finds sufficient evidence to indicate that the COVID-19 announcements and calculations influence investor decisions on the ASX as the pandemic evolved.
RAS ID
43315
Document Type
Journal Article
Volume
16
Issue
1
School
School of Business and Law
Copyright
free_to_read
Publisher
University of Wollongong Australia
Comments
Djajadikerta, H. G., Trireksani, T., & Appiagyei, K. (2022). COVID-19 announcements and investor reactions on the Australian Securities Exchange. Australasian Business, Accounting and Finance Journal, 16(1), 134-145.
https://doi.org/10.14453/aabfj.v16i1.9