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International Journal of Academic Research in Accounting, Finance and Management Sciences

Open Access Journal

ISSN: 2225-8329

The Covid-19 Dashboard Sector Specific Impact: Malaysia Financial, Consumer Products and Health Care Services

Nur’Asyiqin Ramdhan, Noorita Mohammad, Nur Liyana Mohamed Yousop, Zuraidah Ahmad, Zuraidah Sipon , Norhasniza Mohd Hasan Abdullah

http://dx.doi.org/10.6007/IJARAFMS/v11-i1/9244

Open access

The Covid-19 outbreak triggered in 2019 and continues the spread around the world. In March 2020 Malaysia has started implement a series of Movement Control Order (MCO) until the series continues to Conditional Movement Control Order (CMCO) and Recovery Movement Control Order (RMCO). This paper aims to examine the sector specific impact namely financial, consumer products and healthcare services index during the prolong of MCO period. Finding shows, the number of Covid-19 daily cases shows a constant significant positive impact towards those sectors. In addition, the external independent also included with the resulted the China daily cases significantly impact the sectors with the mix directions. The healthcare services index tends to result the highly performed sector during the pandemic outbreak. Overall, the results suggest that these stocks are positively respond to the Covid-19 pandemic and this response differs over the period depending on the stage of the duration.

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In-Text Citation: (Ramdhan et al., 2021)
To Cite this Article: Ramdhan, N., Mohammad, N., Yousop, N. L. M., Ahmad, Z., Sipon, Z., & Abdullah, N. M. H. (2021). The Covid-19 Dashboard Sector Specific Impact: Malaysia Financial, Consumer Products and Health Care Services. International Journal of Academic Research in Accounting Finance and Management Sciences, 11(1), 327-337.