| dc.description.abstract | The Covid-19 outbreak's impact on stock returns of firms listed on the
Singapore Stock Exchange is examined in this study using Wilcoxon's signed ratings
test while taking the event's date (January 23, 2020) into consideration. The article
measures the dissemination impact of information in the context of 63 companies in
the field of Finance, Services, and Electronic Technology in the last month of 2019
and the first month of 2020, trading in the 61-day event window. Explanation for the
dependence of stock value on the agent Number of confirmed cases, number of
deaths, government anti-covid measure by t-test. According to empirical results, the
Singapore stock market was not significantly affected by the events of January 23,
2020 (the first case of COVID-19 in Singapore). This adverse outcome was more
obvious. 5.87 percent) for the electronic technology sector. The results of an
endurance analysis indicate that weekly deaths, not confirmed cases, are the main
cause of market disruption. Government anti-Covid-19 actions including lockout had
a favorable impact on stock returns, however social alienation, public health
measures, and movement limitations had a negative impact | en_US |
