THE IMPACT OF THE GLOBAL STOCK MARKET ON THE RUSSIAN FINANCIAL SECTOR BEFORE AND DURING THE PANDEMIC

UDC 339.72
DOI: 10.36871/ek.up.p.r.2022.02.02.005

Authors

Elena N. Egorova,
Maria S. Vigriianova,
Central Economics and Mathematics Institute of the Russian Academy of Sciences, Moscow, Russia

Abstract

Тhe statistical dependencies of the RTS stock indicators and the financial sector of the Russian stock market on the dynamics of the global financial stock market sector are studied. The experimental calculations were carried out and the main factors influencing the dynamics of this market in XNUMX–XNUMX (before the pandemic) and in XNUMX–XNUMX (during the pandemic) were identified. Calculations were carried out both on the dynamics of the RTS index and on the stock quotes of the largest banks as PJSC Sberbank and VTB Bank. It was shown that the COVID-XNUMX pandemic did not have a significant qualitative impact on the closeness of the statistical relationship between the dynamics of these indicators and the indicator of the financial sector of the global stock market, since the coefficients of determination of the statistical relationship remained high.

Keywords

stock market, global stock index, stock indicator, RTS index, global, financial sector, Russian, bank, statistical dependence, pandemic, statistical analysis, Sberbank, VTB