Global Stock Markets’ Banking/Financial Sectors | Event-day AR (%) | 6-day CAR1 (%) | 11-day CAR1 (%) | Days to rebound2 |
NYSE | −4.79 | −6.69 | −0.45 | 13 |
London | −10.09 | −8.64 | −14.14 | 22 |
Frankfurt | −10.06 | −14.54 | −15.79 | 42 |
Europe-Bloomberg | −8.54 | −11.50 | −14.82 | 40 |
Helsinki | −6.17 | −6.43 | −11.35 | 31 |
Norway | −5.79 | −14.18 | −25.55 | 107 |
Tokyo | −6.50 | −1.70 | −12.18 | 6 |
Hong Kong | −7.87 | −11.02 | −14.34 | 30 |
Korea | −13.33 | −13.78 | −19.84 | 28 |
Jakarta | −2.83 | −3.73 | −6.23 | 86 |
Kuala Lampur | −5.20 | −13.36 | −18.68 | 65 |
Australia | −3.98 | −9.46 | −11.07 | 26 |
New Zealand | −3.67 | −11.39 | −14.93 | 33 |
Johannesburg | −5.27 | −14.43 | −11.00 | 162 |