THE IMPACTS OF THE COVID-19 PANDEMIC ON SECTORAL PERFORMANCE: A REVIEW ON THE BIST SECTORS IN TURKEY

Abstract

This study aims to evaluate the impact of the COVID-19 pandemic on sectoral performance and reveal how the pandemic has influenced certain sectors. In this study, 5-year (2016-2020) financial data of a total of 250 companies operating under 22 sub-sectors in BIST were analyzed using the ratio analysis method. The study results demonstrated that some sectors were adversely affected by the pandemic, whereas others were positively affected. The adverse impacts of the pandemic were observed in 10 sectors, including the sectors of Construction and Public Works, Restaurants and Hotels, Transportation and Storage, Sports Activities, Amusement and Recreation Activities. On the other hand, the positive impacts of the pandemic were identified in 12 sectors, including the sectors of Crop and Animal Production, Hunting and Related Service Activities, Food, Beverage and Tobacco, Wood Products Including Furniture, Chemicals, Petroleum, Rubber and Plastic Products, Wholesale and Retail Trade, and Telecommunication. This study reveals the possible impacts of the COVID-19 pandemic on sectoral performance.

Keywords

• COVID-19
• Pandemic
• Turkey
• BIST Sectors
• Sectoral Performances.

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