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Influence of the World Cup soccer on the world capital market

Performances soccer world cup, world capital markets involved are affected. All investors know that every World Cup took place, the movement slowed down and damaged the stock market tends not excited. That applies worldwide.

Let a little opening note the stock market a few years ago. More precisely, the period of June 9 until July 9, 2006, when the last World Cup in progress.

In 2006, CSPI’s position is still at 1300 levels. Average daily trading volume during the year 2006 recorded 1.805 billion shares, while the average daily transaction value amounted to USD 1.841 trillion.

In May 2006 period, average daily volume was recorded 2.925 billion shares, while the daily transaction value of USD 2.919 trillion.

In the period of June 2006, suddenly the average daily volume slumped by more than half of the 1.194 billion shares, with an average value of daily transactions amounting to Rp 1.322 trillion. This sudden decline occurred simultaneously with the 2006 World Cup performances. Read the rest of this entry »

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