Covid-19 effect on community mobility and stock market of Malaysia

Physical distancing is believed to contain the spread of COVID-19 virus. With data provided by COVID-19 Community Mobility Reports from Google, this study examines the mobility patterns at different stages of Movement Control Order (MCO) and investigates whether lower mobility reduces the number of...

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Main Authors: Norhafizah Abu Hasan, Wee, Hin Boo, Wong, Wai Yan
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2022
Online Access:http://journalarticle.ukm.my/21281/
http://journalarticle.ukm.my/21281/1/Covid-19%20Effect%20on%20Community%20Mobility%20and%20Stock%20Market%20of%20Malaysia.pdf
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author Norhafizah Abu Hasan,
Wee, Hin Boo
Wong, Wai Yan
author_facet Norhafizah Abu Hasan,
Wee, Hin Boo
Wong, Wai Yan
author_sort Norhafizah Abu Hasan,
building UKM Institutional Repository
collection Online Access
description Physical distancing is believed to contain the spread of COVID-19 virus. With data provided by COVID-19 Community Mobility Reports from Google, this study examines the mobility patterns at different stages of Movement Control Order (MCO) and investigates whether lower mobility reduces the number of new cases, death cases, and recovery rate. This research also covers the time spent in places such as i) retail and recreation, ii) grocery and pharmacy, iii) parks, iv) transit stations, v) the workplace, and vi) residential areas. As each of these types of places has distinct epidemiological characteristics, they may spread transmission differently. This study also correlates the stock market with mobility patterns of Malaysians in order to evaluate the effectiveness of lockdowns on COVID-19 incidents and its impact on the stock market, in this case; Kuala Lumpur Composite Index (KLCI). Findings of this study highlight the effects of pandemic COVID-19 on stock market daily performance by utilizing prospect and uncertainty theory in predicting the short-term impacts of the epidemic.
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spelling oai:generic.eprints.org:212812023-03-06T02:30:07Z http://journalarticle.ukm.my/21281/ Covid-19 effect on community mobility and stock market of Malaysia Norhafizah Abu Hasan, Wee, Hin Boo Wong, Wai Yan Physical distancing is believed to contain the spread of COVID-19 virus. With data provided by COVID-19 Community Mobility Reports from Google, this study examines the mobility patterns at different stages of Movement Control Order (MCO) and investigates whether lower mobility reduces the number of new cases, death cases, and recovery rate. This research also covers the time spent in places such as i) retail and recreation, ii) grocery and pharmacy, iii) parks, iv) transit stations, v) the workplace, and vi) residential areas. As each of these types of places has distinct epidemiological characteristics, they may spread transmission differently. This study also correlates the stock market with mobility patterns of Malaysians in order to evaluate the effectiveness of lockdowns on COVID-19 incidents and its impact on the stock market, in this case; Kuala Lumpur Composite Index (KLCI). Findings of this study highlight the effects of pandemic COVID-19 on stock market daily performance by utilizing prospect and uncertainty theory in predicting the short-term impacts of the epidemic. Penerbit Universiti Kebangsaan Malaysia 2022 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/21281/1/Covid-19%20Effect%20on%20Community%20Mobility%20and%20Stock%20Market%20of%20Malaysia.pdf Norhafizah Abu Hasan, and Wee, Hin Boo and Wong, Wai Yan (2022) Covid-19 effect on community mobility and stock market of Malaysia. Geografia : Malaysian Journal of Society and Space, 18 (4). pp. 37-55. ISSN 2180-2491 https://ejournal.ukm.my/gmjss/index
spellingShingle Norhafizah Abu Hasan,
Wee, Hin Boo
Wong, Wai Yan
Covid-19 effect on community mobility and stock market of Malaysia
title Covid-19 effect on community mobility and stock market of Malaysia
title_full Covid-19 effect on community mobility and stock market of Malaysia
title_fullStr Covid-19 effect on community mobility and stock market of Malaysia
title_full_unstemmed Covid-19 effect on community mobility and stock market of Malaysia
title_short Covid-19 effect on community mobility and stock market of Malaysia
title_sort covid-19 effect on community mobility and stock market of malaysia
url http://journalarticle.ukm.my/21281/
http://journalarticle.ukm.my/21281/
http://journalarticle.ukm.my/21281/1/Covid-19%20Effect%20on%20Community%20Mobility%20and%20Stock%20Market%20of%20Malaysia.pdf