World Cup 2010 - A Threat to the Stock Market?

England needs to take stock or risk damaging the economy

The Business School's Professor Robert Hudson says a poor performance from England’s team in the World Cup could result in a nasty hangover for the stock market as well as the fans.

Together with colleagues from Bangor and Leeds universities, his ongoing research has shown a link between England’s previous international football results and the FTSE 100 index.

Historical data showed that during international tournaments such as the World Cup, a win for England causes the stock market to rise significantly the following day and a loss makes it fall. A negative result can also have a persistent effect on the markets some time later.

“Stock brokers, like everyone else, can be carried away in the depression associated with an England loss at the World Cup,” he says.

Further information regarding Professor Hudson's research was featured in The Journal News on 11th June 2010

published on: 11th June 2010