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H7N9 not only endanger human health but also hit stock marketing

tetano

Editor, Senior Moderator
Adv Dis Control Prev. 2017;2(1):1-7. doi: 10.25196/adcp201711. Epub 2017 May 30.
[h=1]H7N9 not only endanger human health but also hit stock marketing.[/h] Jiang Y[SUP]1[/SUP], Zhang Y[SUP]2[/SUP], Ma C[SUP]2[/SUP], Wang Q[SUP]2[/SUP], Xu C[SUP]3[/SUP], Donovan C[SUP]4[/SUP], Ali G[SUP]5[/SUP], Xu T[SUP]3,[/SUP][SUP]6[/SUP], Sun W[SUP]1,[/SUP][SUP]3[/SUP].
[h=3]Author information[/h]

[h=3]Abstract[/h] [h=4]OBJECTIVE:[/h] This study aims to discuss the correlation between daily reported H7N9 cases and stock price indices in China.
[h=4]METHODS:[/h] Information on daily reported H7N9 cases and stock market sectors indices between February 19, 2013 and March 31, 2014 were collected. A distributed lag non-linear model was used to describe the variation trend for the stock indices.
[h=4]RESULTS:[/h] The daily reported number of H7N9 cases was associated with the closing price of the Avian Influenza Sector Index (P < 0.05) and the opening price of the Shanghai Composite Index (P = 0.029). The Avian Influenza Sector Index decreased with increasing of daily reported case number when daily reported cases ≤ 4. Case number was associated with the opening/closing price of the Chinese Traditional Medicine Sector Index, the Biological Product Sector Index, and the Biomedicine Sector Index (P < 0.05).
[h=4]CONCLUSION:[/h] New or reemerging infectious diseases epidemic cause economic loss which is reflected in movements in stock prices.


[h=4]KEYWORDS:[/h] DLNM; H7N9; index; price; stock

PMID: 28845481 PMCID: PMC5571741 DOI: 10.25196/adcp201711
 
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