The Impact of Corona Pandemic on the Volatility of Damascus Securities Exchange Index

  • 30 May 2021
  • Ongoing Research - Business

Sulaiman Mouselli & Razi Mohi Aldeen


Post Graduate Studies, Research & IR Council Meeting No. 5, 23/5/2021

Date of Acceptance

Authors will use a number of GARCH models to explore the impact of Covid-19 on index volatility. The preliminary results suggest that DSE has witnessed unprecedented volatility during the lockdown and that the governmental rules have contributed towards the continuity of the upward trend in DSE index but they failed to control its volatility. This study recommends the management of DSE to develop an index for stock market volatility and use it as an early warning system to anticipate uncertainty in the stock market and to enable regulators to take suitable precautionary measures. It will also suggest offering certain stimulation packages to counteract the impact of Covid-19 on the economy and financial market.