عنوان مقاله [English]
Purpose: The spread of the corona virus has led to negative reactions of financial markets in different countries and the fall of indices. The purpose of this research is to investigate the stock price index in selected groups of the capital market in Iran in this period and provide a model to predict the index.
Method: In this research, using the panel data regression method using Arch. GARCH has been used to investigate the stock price index in twelve selected groups of stocks with twelve different hypotheses in 189 companies in a two-year period (2008-2018).
Findings: The results showed that Corona has a negative and significant impact on the price index of all groups except the pharmaceutical group. Also, vaccination has had a negative and significant effect on the price index of most groups. However, this factor did not have a significant effect on transport, communication devices, multi-field holdings, basic metals, and also technical engineering services ultimately. This means that the spread of this disease and its results, such as the number of deaths, have had major consequences on the return of the capital market in Iran.