The effects of the coronavirus pandemic process on BIST sub-sector indices in Turkey

ABSTRACT

In this study, Simple Linear Regression Analysis was carried out to investigate the impact of COVID-19 on Borsa Istanbul Sub-Sectors indices. In the analysis, the number of daily cases of COVID-19 was taken as independent variables, and Borsa Istanbul Sub-Sector (Tourism, Transportation, Textile-Leather, Food-Beverage, Industrial) index data were taken as dependent variables. As the data set, daily data between 11.03.2020-09.04.2021 was preferred. In determining the time interval of the preferred data set, 11 March 2020, when the COVID-19 outbreak was first seen in Turkey, was taken into account. As a result of the analysis, it has been found that the COVID-19 epidemic has a relatively high level of meaningful and negative impact on the Tourism, Textile and Industrial Sector Indices. It has been observed that it has a lower level of meaningful and negative effect on the Food-Beverage and Transportation Indices.