Abstract
The Effect of Covid-19 on Companies in the United Kingdom
The coronavirus (Covid-19) spread from Wuhan, China has affected health, social and economic life. The main purpose of this study is to investigate the effect of the Covid-19 virus on companies which are in the UK. In the UK, there is the FTSE TechMARK All Share (FTTASX) index, which includes companies operating in key areas such as technology, telecommunications and media. In addition, there is the FTSE TechMARK Mediscience index, which includes the pharmaceutical, biotechnology, medical device and materials sectors. The effects of Covid-19 on these two indices were investigated. SPSS software was used in the study. In the study, Kolmogorov-Smirnov normality analysis, Pearson correlation coefficient analysis, ANOVA and linear regression analysis were used. Covid-19 had a significant effect on both indices. The increase in Covid-19 causes a decrease in the value of technology companies. It caused an increase in the value of medical companies.
Keywords
Wuhan, coronavirus, covid-19
