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