Study the impact of the global crisis on stock prices and liquidity in the stock market

The object of this study is to analyze the impact of the 2008 global crisis on prices and liquidity of stocks in the Egyptian stock market. That was achieved through comparing the prices and the level of liquidity before and after the crisis using Paired-Sample T-Test as statistical approach. The results showed that the sectors most affected by the global crisis are as building and construction, cement, spinning and weaving, financial, service sectors. Since these sectors showed a significant difference in both price and liquidity between two periods (before and after crisis) at significance level 5%. While some other sectors showed a significant difference only in the average price but no significant differences in liquidity, such as heavy industry, food industry and electronic supplies sectors. In addition there are some sectors showed no significant differences in both price and liquidity between two period (before and after crisis), such as agriculture and chemical industries sectors. However the agriculture sector showed increased in both price and liquidity after the global crisis but it was not significant.