Table 3 Regression analysis of impact of...

Table 3

Regression analysis of impact of number of daily new cases of COVID-19 on some financial and monetary indicators of Saudi Arabia during period (March 2, 2020–March 21, 2022)

Dependent variables			Unstand. Coeff	Stand. Coeff	R Square	t	Sig
General indicator	Closing price	constant	9623.509		0.002	92.00	0.00
	Closing price	slope	−0.069	−0.046		−1.04	0.30
	Opening price	constant	9620.409		0.002	92.02	0.00
	Opening price	slope	−0.074	−0.049		−1.12	0.26
	Trading volume	constant	300682834.687		0.016	43.94	0.00
	Trading volume	slope	−12675.153	−0.127		−2.91	0.00
Food production sector	Closing price	constant	5359.551		0.011	189.29	0.00
	Closing price	slope	−0.043	−0.104		−2.37	0.02
	Opening price	constant	5362.760		0.013	188.22	0.00
	Opening price	slope	−0.046	−0.112		−2.55	0.01
	Trading volume	constant	14964024.083		0.001	22.50	0.00
	Trading volume	slope	−343.003	−0.036		−0.81	0.42
Investment and finance sector	Closing price	constant	5680.031		0.007	53.68	0.00
	Closing price	slope	−0.125	−0.081		−1.85	0.06
	Opening price	constant	5683.103		0.007	53.58	0.00
	Opening price	slope	−0.130	−0.085		−1.92	0.06
	Trading volume	constant	7694708.099		0.004	18.09	0.00
	Trading volume	slope	−408.641	−0.066		−1.51	0.13
Banking sector	Closing price	constant	9110.445		0.001	64.14	0.00
	Closing price	slope	0.060	0.029		0.66	0.51
	Opening price	constant	9103.852		0.001	64.25	0.00
	Opening price	slope	0.055	0.027		0.61	0.54
	Trading volume	constant	34484261.907		0.000	31.54	0.00
	Trading volume	slope	158.465	0.010		0.23	0.82
Food retail sector	Closing price	constant	10011.648		0.035	156.57	0.00
	Closing price	slope	−0.176	−0.187		−4.32	0.00
	Opening price	constant	10010.708		0.036	155.27	0.00
	Opening price	slope	−0.179	−0.189		−4.36	0.00
	Trading volume	constant	2224437.774		0.002	15.35	0.00
	Trading volume	slope	−93.592	−0.045		−1.01	0.31
Pharmaceutical sector	Closing price	constant	5310.026		0.033	86.67	0.00
	Closing price	slope	−0.163	−0.182		−4.18	0.00
	Opening price	constant	5317.169		0.035	86.41	0.00
	Opening price	slope	−0.168	−0.186		−4.29	0.00
	Trading volume	constant	576639.423		0.007	14.14	0.00
	Trading volume	slope	−48.760	−0.083		−1.88	0.06
Healthcare sector	Closing price	constant	6281.027		0.013	69.92	0.00
	Closing price	slope	−0.146	−0.112		−2.56	0.01
	Opening price	constant	6277.130		0.013	69.85	0.00
	Opening price	slope	−0.151	−0.116		−2.63	0.01
	Trading volume	constant	5037286.669		0.009	22.07	0.00
	Trading volume	slope	−321.965	−0.097		−2.21	0.03
Energy sector	Closing price	constant	5456.428		0.021	252.47	0.00
	Closing price	slope	−0.045	−0.144		−3.29	0.00
	Opening price	constant	5454.978		0.023	253.47	0.00
	Opening price	slope	−0.048	−0.153		−3.50	0.00
	Trading volume	constant	15267401.731		0.033	29.05	0.00
	Trading volume	slope	−1391.189	−0.181		−4.15	0.00
Transport sector	Closing price	constant	5138.745		0.030	93.12	0.00
	Closing price	slope	−0.141	−0.174		−4.00	0.00
	Opening price	constant	5143.659		0.032	92.96	0.00
	Opening price	slope	−0.145	−0.179		−4.11	0.00
	Trading volume	constant	7004504.718		0.005	27.38	0.00
	Trading volume	slope	−258.058	−0.070		−1.58	0.11

Dependent variables			Unstand. Coeff	Stand. Coeff	R Square	t	Sig
General indicator	Closing price	constant	9623.509		0.002	92.00	0.00
	Closing price	slope	−0.069	−0.046		−1.04	0.30
	Opening price	constant	9620.409		0.002	92.02	0.00
	Opening price	slope	−0.074	−0.049		−1.12	0.26
	Trading volume	constant	300682834.687		0.016	43.94	0.00
	Trading volume	slope	−12675.153	−0.127		−2.91	0.00
Food production sector	Closing price	constant	5359.551		0.011	189.29	0.00
	Closing price	slope	−0.043	−0.104		−2.37	0.02
	Opening price	constant	5362.760		0.013	188.22	0.00
	Opening price	slope	−0.046	−0.112		−2.55	0.01
	Trading volume	constant	14964024.083		0.001	22.50	0.00
	Trading volume	slope	−343.003	−0.036		−0.81	0.42
Investment and finance sector	Closing price	constant	5680.031		0.007	53.68	0.00
	Closing price	slope	−0.125	−0.081		−1.85	0.06
	Opening price	constant	5683.103		0.007	53.58	0.00
	Opening price	slope	−0.130	−0.085		−1.92	0.06
	Trading volume	constant	7694708.099		0.004	18.09	0.00
	Trading volume	slope	−408.641	−0.066		−1.51	0.13
Banking sector	Closing price	constant	9110.445		0.001	64.14	0.00
	Closing price	slope	0.060	0.029		0.66	0.51
	Opening price	constant	9103.852		0.001	64.25	0.00
	Opening price	slope	0.055	0.027		0.61	0.54
	Trading volume	constant	34484261.907		0.000	31.54	0.00
	Trading volume	slope	158.465	0.010		0.23	0.82
Food retail sector	Closing price	constant	10011.648		0.035	156.57	0.00
	Closing price	slope	−0.176	−0.187		−4.32	0.00
	Opening price	constant	10010.708		0.036	155.27	0.00
	Opening price	slope	−0.179	−0.189		−4.36	0.00
	Trading volume	constant	2224437.774		0.002	15.35	0.00
	Trading volume	slope	−93.592	−0.045		−1.01	0.31
Pharmaceutical sector	Closing price	constant	5310.026		0.033	86.67	0.00
	Closing price	slope	−0.163	−0.182		−4.18	0.00
	Opening price	constant	5317.169		0.035	86.41	0.00
	Opening price	slope	−0.168	−0.186		−4.29	0.00
	Trading volume	constant	576639.423		0.007	14.14	0.00
	Trading volume	slope	−48.760	−0.083		−1.88	0.06
Healthcare sector	Closing price	constant	6281.027		0.013	69.92	0.00
	Closing price	slope	−0.146	−0.112		−2.56	0.01
	Opening price	constant	6277.130		0.013	69.85	0.00
	Opening price	slope	−0.151	−0.116		−2.63	0.01
	Trading volume	constant	5037286.669		0.009	22.07	0.00
	Trading volume	slope	−321.965	−0.097		−2.21	0.03
Energy sector	Closing price	constant	5456.428		0.021	252.47	0.00
	Closing price	slope	−0.045	−0.144		−3.29	0.00
	Opening price	constant	5454.978		0.023	253.47	0.00
	Opening price	slope	−0.048	−0.153		−3.50	0.00
	Trading volume	constant	15267401.731		0.033	29.05	0.00
	Trading volume	slope	−1391.189	−0.181		−4.15	0.00
Transport sector	Closing price	constant	5138.745		0.030	93.12	0.00
	Closing price	slope	−0.141	−0.174		−4.00	0.00
	Opening price	constant	5143.659		0.032	92.96	0.00
	Opening price	slope	−0.145	−0.179		−4.11	0.00
	Trading volume	constant	7004504.718		0.005	27.38	0.00
	Trading volume	slope	−258.058	−0.070		−1.58	0.11

Source(s): Investing

https://sa.investing.com/indices/saudi-arabia-indices?&majorIndices = on&primarySectors = on

-Our world in data

https://ourworldindata.org/

https://ourworldindata.org/coronavirus

https://github.com/owid/covid-19-data/tree/master/public/data

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