Global conflicts and financial markets: The case of israel-iran and its impact on Vietnamese stock market

Abstract

The authors set out to examine and assess how investors and the Vietnamese stock market, an emerging market, responded to Israel-Iran conflict. With an event window of [+-25] days from October 2, 2024, we relied on an event study approach with a data set from 413 enterprises listed on the HOSE. The end product of research procedure, according to AAR and CAR, investor sentiments vary with the timeframe of the conflict. The authors also found data that show different types of reactions and varying degrees of reaction from different industries or sectors to the conflict. These practical findings can aid future studies in this area and provide investors and companies with useful information and suggestions