Impact of COVID-19 on Performance of Pakistan Stock Exchange

12 Pages Posted: 5 Jul 2020 Last revised: 28 Aug 2021

See all articles by SheharYar Ahmed

SheharYar Ahmed

Lahore University of Management Sciences

Date Written: July 4, 2020


The objective of this study is to determine the impact of COVID-19 on the performance of Pakistani Stock Market. This study uses the data of COVID-19 related positive cases, fatalities, recovers and the closing prices of PSX 100 index of the first half of 2020. The findings of the study suggest that only COVID-19 recoveries are influencing the performance of the index and the daily positive cases and fatalities are insignificantly related to the performance. Further studies can be performed by incorporating other variables such as economic growth, interest rate and inflation rate along with the COVID-19 related variables at a cross-country level.

Keywords: COVID-19 and Stock Market, Pakistan Stock Market and Pandemic, Financial Markets and Pandemics

JEL Classification: G14

Suggested Citation

Ahmed, SheharYar, Impact of COVID-19 on Performance of Pakistan Stock Exchange (July 4, 2020). Available at SSRN: or

SheharYar Ahmed (Contact Author)

Lahore University of Management Sciences ( email )

D.H.A, Lahore Cantt
Lahore, Punjab 54792

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