Authors : Joanne Valesca Mangindaan; Hendrik Manossoh; Olivia Fransiske Christine Walangitan

Volume/Issue : Volume 8 - 2023, Issue 12 - December

Google Scholar : http://tinyurl.com/yy5tzdky

Scribd : http://tinyurl.com/mr3fhmh5

DOI : https://doi.org/10.5281/zenodo.10430591

Abstract : The COVID-19 pandemic is emergency event that has shaken the capital markets in the world which is an unexpected and unprecedented event. Stock price indices on stock exchanges in various countries experienced. The purpose of this study is to analyze the impact of the COVID-19 pandemic on the performance of the stock prices of the healthcare sector firms. During the COVID-19 pandemic, the health sector is a sector is believed to be one of the very few sectors to benefit from this pandemic. By employing the test of difference, the result of this study shows that the stock prices of the healthcare sector firms increase after the pandemic. Based on this result, this study documents a positive impact of the COVID-19 pandemic on the healthcare sector firms. This study is expected to provide a better understanding for investors and the government regarding capital market behavior and the economic impact of COVID-19 events so that appropriate investment and policy decisions can be made in order to achieve good economic growth.

Keywords : Stock Price, Healthcare Sector, Covid-19 Pandemic.