In my previous blog, I mentioned the absolute dominance of Mohamed Salah and low and behold he didn’t disappoint with his display on the market yesterday! The price of Salah futures skyrocketed throughout the day as the Egyptian continued his current form by claiming first place for the Media Dividends. With Salah looking seriously impressive both in terms of his performances and in terms of the media speculation around him, there was a swell of activity and he saw some unprecedented gains; leaping up by just shy of £1.00 in less than 24 hours!
We’ve spoken about the amount of buzz surrounding Salah in the past and it really does seem as though the Egyptian is the flavour of the month at this moment of time. But what made yesterday’s action so exciting, was that it marked the first day of Media Madness! Over the course of the next twelve days, the wonderful people at Index HQ will be rewarding traders with treble Media Days! This means the top three players in the Media Buzz charts will be rewarded with dividends of 8p for first place, 5p for second place and 2p for third place.
With this in mind, it will be intriguing to see if there will be any patterns in terms of those players who steal the limelight over the next week. Will it be players linked with transfer moves who hog the headlines? Or will it be the traditional big players who manage to prove their worth at the summit of Index?
Looking at yesterday’s results, it seems as though it was a resounding victory for the big boys across Europe. Mo Salah (£8.23) was, of course, the man who came out on top, with traders holding the Egyptian receiving a sweet payout of 8p per share. But it was a closely ran contest for the second and third place between the perennial rivals Leo Messi (£10.22) and Cristiano Ronaldo (£8.56) Messi just edged Ronaldo by a mere 30 points to take second place, while Ronaldo had to make do with the 2p dividends for yesterday. Neymar (£11.50) didn’t manage to make the top 3, but he nonetheless continued to increase in value and he will surely be in the mix for some of these lovely media dividends over the coming days.
From looking at the results from yesterday’s media payouts it seems that the early indications are that the pricier players on the market could dominate media dividend wins, but only time will tell. Whichever way you look at it, another 120 point increase across the Index can’t be a bad thing and it looks as though we’re sure to see plenty more madness over the coming days!