The effect of the Russian – Ukrainian war on the prices’ volatility and liquidity of the Egyptian stock market: an event study

نوع المستند : المقالة الأصلية

المؤلف

قسم ادارة الاعمال، كلية العلوم الإدارية، أكاديمية السادات

المستخلص

Abstract:

This research examines the differential impact of Russia's present invasion of Ukraine on Egyptian stock market volatility and liquidity. The study utilises stock market data for the Egyptian stock market for 21 days before the Russian soldier build-up on Ukraine's borders in 2021, 21 days during the troop build, 21 days before the Russian invasion, and 21 days during the Russian assault. The paired t-test and line graphs were used to analyse the data.

According to the findings, the Egyptian stock market appears to have seen greater price volatility and lower liquidity because of the Ukraine war.

In these turbulent times, the findings provide investors with up-to-date stock market investing guidance to help them make risky investment decisions. It also provides an essential case for studying business and economics for students in higher education business institutions, as well as an agenda for future research.



Keywords: Egyptian stock market; prices; volatility; liquidity; Ukrainian war.

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