Impact of Terror Attacks on Select Global Equity Indices and Gold

Investing is a part and parcel of life. There are various avenues to invest and one of those is Stock Market. But the decision of the investor depends on various factors. One of the factors which affects the behavior of investment is Terrorism. Various researches has been done into this area and explored that even terrorism has an impact on the behavior of the investor. Out of all that, this study i.e. "Impact of Terror Attacks on Select Global Equity Indices and Gold", mainly focuses on Short run or long run association and influence of volatility of stock price between the terrorism affected country's benchmark to the other selected global indices and Gold. It also measures the returns performance of the indices with Global equity index as benchmark. Major bomb blasts like September 2001, Madrid Bombings 2004, Russian Siege 2004, London Bombings 2005, Mumbai attacks 2008, Boston bombings 2013, Ankara Bombings 2015 and Paris attacks 2015 are taken for this research.

Autorentext

Laila Memdani, is currently Associate Professor of Economics at IBS Hyderabad, a constituent of IFHE University.She has PhD from Osmania University and twenty years of teaching and research experience.Guruprasad N. Shenoy J., pursuing MBA Finance from IBS Hyderabad, is placed with CRISIL Ltd as MCG Rating Analyst. Interested in Finance Research.