AN EXAMINATION OF COVID-19'S IMPACT ON BORSA ISTANBUL SECTOR RETURNS WITH A CASE STUDY

Abstract

The new coronavirus (Covid-19) pandemic, which arised in Wuhan, China end of the December 2019, has spread to all countries in a short time and several measures have been taken around the world. The measures have had a profound impact on world trade, financial markets, and the country's economies. Accordingly, this study examines the Borsa Istanbul sector returns, which are the most affected by Covid-19 pandemic. The case study method was used in the study, where the dates when the first Covid-19 case occurred, the new normalization period started, and the first Covid-19 vaccine was administered in Turkey were determined. The study also used the food and beverage, services, construction, industry, trade, tourism, and transportation indices. As a result, the study determined that all sector indices dropped, but tourism and transportation indices dropped faster.