Table 2.
Date of identified structural breaks for all of the 28 countries and their respective market index.
| Country | Market Index | Break date | p-val |
|---|---|---|---|
| USA | NYSE | 24-Feb-20 | <0.001 |
| USA | NASDAQ | 21-Feb-20 | <0.001 |
| CAN | TSX | 24-Feb-20 | <0.001 |
| GBR | FTSE | 24-Feb-20 | <0.001 |
| DEU | CDAX | 24-Feb-20 | <0.001 |
| AUT | ATX | 9-Oct-19 | 0.003 |
| CHE | SMW | 21-Feb-20 | <0.001 |
| FRA | CAC | 24-Feb-20 | <0.001 |
| BEL | BEL | 20-Apr-20 | <0.001 |
| POL | WIG | 24-Feb-20 | <0.001 |
| GRC | ASE | 27-Aug-19 | <0.001 |
| ZAF | JALSH | 24-Feb-20 | <0.001 |
| RUS | MOEX | 25-Feb-20 | <0.001 |
| IND | BSE | 5-Dec-19 | 0.0006 |
| BRA | IBOVESPA | 30-Jan-20 | <0.001 |
| CHN | SSE | 27-Dec-19 | <0.001 |
| CHN | SZSE | 4-Feb-20 | <0.001 |
| HKG | Hang Seng | 9-Jan-20 | <0.001 |
| TWN | TWSE | 26-Feb-20 | <0.001 |
| JPN | NIKKEI | 25-Feb-20 | <0.001 |
| KOR | KOSPI | 8-Jan-20 | <0.001 |
| SGP | SGX | 27-Feb-20 | <0.001 |
| MYS | BURSA | 9-Apr-20 | <0.001 |
| PHL | PSEI | 23-Apr-20 | 0.0006 |
| IDN | IDX | 8-Apr-20 | <0.001 |
| AUS | ASX | 19-Feb-20 | <0.001 |
Note: Statistical significance (p-val) in the right-most column.