What World Cup fever does to stock markets

This year's World Cup tournament will be held in Russia, where not only fame and glory are at stake for the teams, but their stock markets' performance will be on the line as well.
This year's World Cup tournament will be held in Russia, where not only fame and glory are at stake for the teams, but their stock markets' performance will be on the line as well.PHOTO: AGENCE FRANCE-PRESSE

The winning team's bourse will often enjoy a bounce, but runners-up usually get trounced

When the World Cup final is played on July 15, there will be much at stake for the two countries fighting for the top prize in international football.

It is not just glory and fame that are at stake for the managers, coaches and players. The teams would also be fighting for their nations' stock markets.

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A version of this article appeared in the print edition of The Sunday Times on June 10, 2018, with the headline 'What World Cup fever does to stock markets'. Print Edition | Subscribe