Clicky

Brokers MIA when home team plays in World Cup

Your broker may be missing in action when their home-team is playing in the World Cup, new analysis from Lonsec Research shows.

Despite most World Cup matches scheduled during European evenings and weekends, the afternoon games have interfered with the period leading up to the market’s close.

This critical time, Lonsec says, is when a very high proportion of trades are cleared.

Related News:

Lonsec said the French national team played two matches corresponding with the final 90 minutes of Paris trading, which ended up being the second and third-lowest volume periods. 

The chart provided by Lonsec shows the volume in the final 90 minutes of trade on June 26, when France played Denmark, was around 36 million, compared to an average volume of 45 million for that period.




Related Content

Growth stocks better than value investing in 2018

The market continuous its shift in favour of growth stocks, leaving fund managers with a value-focused investment strategy struggling to keep up with ...Read more

Has the ratings landscape changed?

The first part of Money Management’s 2018 “Rate the raters” survey, which aims to gauge fund managers’ sentiment towards the main research hou...Read more

Beware the dividend “honeypot,” Lonsec says

Shareholders burnt by Telstra’s dividend cut and spiralling share price should be wary of high yield shares with attractive dividends but shaky fund...Read more

Author

Comments

Add new comment