Jurnal Akuntansi dan Keuangan
Vol. 13 No. 1 (2025): Jurnal Akuntansi dan Keuangan: Maret 2025

Pre and Post-COVID-19 Share Trading: Case of Australia and Southeast Asia

Suwaldiman, Suwaldiman (Unknown)
Syah Putra, Galih Wisnu (Unknown)



Article Info

Publish Date
21 Mar 2025

Abstract

This research aims to analyze the share prices and trading volume activity in the pharmaceutical industry in Southeast Asia and Australia during the pre-and post-COVID-19 periods. The data sample includes pharmaceutical companies listed in Southeast Asian countries and Australia from 2017 to 2022. The analysis utilizes monthly closing price data for 36 months before COVID-19 (2017-2019) and 36 months after (2020-2022). The data were processed and analyzed using the Wilcoxon Signed Rank Test. The findings indicate that there are significant differences in share prices and trading volume activity in the pharmaceutical industry between the pre-and post-COVID-19 periods. Specifically, the research reveals differences in share price and trading volume in Australia, Indonesia, Malaysia, Vietnam, and Thailand. In contrast, no significant differences were observed in share prices and trading volumes in Singapore and the Philippines. It is important to note that the study only included a sample of the pharmaceutical industry from six Southeast Asian countries and one country from Oceania (Australia). The number of pharmaceutical samples varied across these countries, with the Philippines represented by only one sample. Therefore, generalizations about all listed companies in these countries cannot be made. Future research should consider increasing the sample size by expanding the scope to include more regions or countries. Additionally, employing regression analysis to examine the influence between variables is recommended.

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Journal Info

Abbrev

jak

Publisher

Subject

Economics, Econometrics & Finance Education Environmental Science Social Sciences Other

Description

urnal Akuntansi dan Keuangan P-ISSN 2301-4717 E-ISSN 2716-022X is a open-access, peer-reviewed scientific journal published online through an Open Journal System. This journal is published by the Department of Accounting Faculty of Economics and Business, Malikussaleh University, Aceh Utara, ...