Exploring the Relationship Between the COVID-19 Pandemic, Crude Oil Prices, and the Stock Market in Saudi Arabia: Insights from Wavelet-Based Analysis

被引：0

作者：

Muhmmad, Riyaz ^{[1
]}

Ali, Sajid ^{[2
]}

机构：

[1] Monad Univ, Sch Management & Business Studies, Hapur, India

[2] Al Yamamah Univ, Coll Business, POB 45180, Riyadh, Saudi Arabia

来源：

NAVIGATING THE TECHNOLOGICAL TIDE: THE EVOLUTION AND CHALLENGES OF BUSINESS MODEL INNOVATION, VOL 3, ICBT 2024 | 2024年 / 1082卷

关键词：

COVID-19; Oil prices; Stock market; Lockdown; Wavelet theory; Causality; FINANCIAL CRISIS; CONTAGION;

D O I：

10.1007/978-3-031-67434-1_19

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This investigation delves into the intricate interplay among the propagation of COVID-19, the turbulence in oil prices, and the noteworthy responses to the epidemic within Saudi Arabia. Employing a coherence wavelet analysis of daily datasets specific to Saudi Arabia, the study illuminates the pronounced influence of both COVID-19 and oil price shocks on stock market volatility across short/low-frequency bands. Notably, the impact of COVID-19 on the financial market surpasses that of Saudi oil prices, underlining its classification as a distinct economic crisis. The findings underscore urgent, consequential implications and advocate for pragmatic measures to mitigate the ramifications of COVID-19.

引用

页码：201 / 209

页数：9

共 50 条

[21] Co-movement of energy prices and stock market return: environmental wavelet nexus of COVID-19 pandemic from the USA, Europe, and China
Chien, FengSheng
Sadiq, Muhammad
Kamran, Hafiz Waqas
Nawaz, Muhammad Atif
Hussain, Muhammed Sajjad
Raza, Muhammad
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2021, 28 (25) : 32359 - 32373
[22] Co-movement of energy prices and stock market return: environmental wavelet nexus of COVID-19 pandemic from the USA, Europe, and China
FengSheng Chien
Muhammad Sadiq
Hafiz Waqas Kamran
Muhammad Atif Nawaz
Muhammed Sajjad Hussain
Muhammad Raza
Environmental Science and Pollution Research, 2021, 28 : 32359 - 32373
[23] The Analysis of the Incidence Rate of the COVID-19 Pandemic Based on Segmented Regression for Kuwait and Saudi Arabia
Shaukat, Muhammad Haroon
Alotaibi, Naif
Hussain, Ijaz
Shrahili, Mansour
MATHEMATICAL PROBLEMS IN ENGINEERING, 2021, 2021
[24] Global financial crisis and co-movements between oil prices and sector stock markets in Saudi Arabia: A VaR based wavelet
Mensi, Walid
BORSA ISTANBUL REVIEW, 2019, 19 (01) : 24 - 38
[25] The Impact of the COVID-19 Pandemic on Islamic Health Insurance Market Returns: Empirical Evidence from Saudi Arabia
Fodol, Mohamed Zakaria
Aslan, Hakan
INDONESIAN CAPITAL MARKET REVIEW, 2023, 15 (01) : 1 - 14
[26] The impact of the COVID-19 pandemic on the energy market-A comparative relationship between oil and coal
Wang, Qiang
Yang, Xuan
Li, Rongrong
ENERGY STRATEGY REVIEWS, 2022, 39
[27] Does oil prices impede Islamic stock indices? Fresh insights from wavelet-based quantile-on-quantile approach
Mishra, Shekhar
Sharif, Arshian
Khuntia, Sashikanta
Meo, Muhammad Saeed
Khan, Syed Abdul Rehman
RESOURCES POLICY, 2019, 62 : 292 - 304
[28] Exploring the relationship between dividend policy, the COVID-19 crisis, and stock market reaction: empirical insights from Indonesian real estate and property firms
Usman, Bahtiar
Lestari, Henny Setyo
Syofyan, Syofriza
Esya, Lavlimatria
COGENT BUSINESS & MANAGEMENT, 2024, 11 (01):
[29] COVID-19 and liquidity risk, exploring the relationship dynamics between liquidity cost and stock market returns
Saleemi, Jawad
NATIONAL ACCOUNTING REVIEW, 2021, 3 (02): : 218 - 236
[30] Is There an Association between Increased Stress and Smartphone Addiction? Insights from a Study on Medical Students from Saudi Arabia during the COVID-19 Pandemic
Alsaif, Haytham I.
Alhozaimi, Zeyad A.
Alrashed, Alhanouf S.
Alanazi, Kholoud S.
Alshibani, Mohammed G.
Almigbal, Turky H.
Alsaad, Saad M.
Alrasheed, Abdullah A.
Alosaimi, Fahad D.
MEDICINA-LITHUANIA, 2023, 59 (08):

← 1 2 3 4 5 →