Investors’ behavior during the covid-19 pandemic
case of investors in the Central African Stock Market
DOI:
https://doi.org/10.59051/joaf.v11i2.416Keywords:
Securities, Investors, Financial market, Emerging market, Equity sharesAbstract
This article examines the plausible effect of the Covid-19 pandemic on shareholder behavior in the sub-regional stock market. Behavior that we captured with three indicators: demand, supply and exchange of shares. To assess the effect of the pandemic on the evolution of these parameters, we created a thirteen months database, split into seven months before the pandemic and six since the onset of the pandemic. At the end of a series of paired samples "t" tests, it appears that neither the supply, nor the demand, nor the exchange of shares have undergone a significant change over the period before and during the pandemic. Several explanatory factors justify this finding. We cite among others, the feverishness of the sub-regional stock market, in particularly the “shares” compartment; the loss of jobs caused by the pandemic; the communicating vessels existing between the flow of securities of each of the companies listed on the market and the virtual non-existence of exchanges of securities. For further studies, a similar study will be carried out on the “bonds” compartment of the market.
Downloads
References
Downloads
Published
Issue
Section
License
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
