Friday, May 05, 2006

World Cup financial losers

Not sure what Fidelity is saying here.

Fidelity's research reveals emerging nations appearing at next month's finals have performed the best since 2002. The Ukraine, featuring the explosive striker Andriy Shevchenko, led the way with a 588% return, followed by unfancied Saudi Arabia, which has soared 444%.

One of the tournament favourites, Argentina, is also near the top of the financial performance table with a 418% rise, while dark horses the Czech Republic returned 277%. Tournament favourites Brazil have also done well off the pitch, with a 240% rise over the past four years.

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