Perhaps the most simple approach may be to measure the difference of all 163 share prices before and after the event (say a week before and a week after). You can normalize them so you will have relative change before and after as percentage of before. Out of this, 50 163-dimensional vectors will be available. These may be aggregated with respect to what you understand as the importance, e.g: - Max average relative change - what increased the prices most - Min average relative change - what decreased the prices most - Max average absolute relative change - what changed the prices most - Span of relative changes - what caused most changes in dynamics among the companies