47 The Relationship Between World Cup Events And Stock Market: A Critical Evaluation

SummaryThere are many factors influencing the stock market, these include events as unimagined as sports and even obvious ones such as war. Generally, there is a relationship between change in stock prices and investor sentiment. This is as demonstrated by Guy Kaplanski and Levi in their paper on “Exploitable Predictable Irrationality” taking into account the FIFA world cup event.( Kaplanski & Levi. 2010. Pp 535-553)
In the