Neymar Joins The £20 Club

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The sight of the Football Index market rising by several hundred points is becoming a regular occurrence these days and yesterday was no different; with a substantial rise in the Footie by 547 points.

There is of course only one place to start and that’s with the current king of the Index Neymar (£20.33). The Brazilian wonder continues to reign supreme over Index land and his recent dominance has culminated in our first ever member of the £20 club.  Neymar has been the latest of a host of players who have benefited from an extremely bullish market, which has continued right the way through the whole of January.

Neymar did his value the world of good over the weekend, after he helped himself to the Match Day Dividend for Best Forward and best overall player. This followed his performance during PSG’s 9-0 demolition job of Ligue 1 side Guingamp. Neymar may well have been outscored by both Kylian Mbappe (£14.83) and Edinson Cavani (£2.28), but he was still able to outdo his teammates to the Match Day Rankings. As such, this Match Day victory will have gone a long way in justifying why Neymar commands such a fee and thereby may have had a contributing factor to his recent push towards the £20 mark.

But it’s not just Neymar who received a major boost to his value yesterday. In fact the palpable buzz surrounding the Football Index looks as though it really is snowballing at the moment. With Neymar now entering the £20 club, this is a very important psychological barrier which has now been broken and as such, this is likely to have an even more positive effect on the market. With traders feeling more buoyant than ever, Neymar’s recent movement could well mean that several other big names make similar charges over the next few days; in fact we’ve already seen this happening.

Kylian Mbappe (£14.83) and Paul Pogba (£18.35) both saw gains of 48p and 35p respectively yesterday. This just goes to show that despite their high values, there may well be plenty of value left in some of the big boys. But perhaps the biggest beneficiary yesterday was Gabriel Jesus (£6.08), who rose by a whopping 86p. This is likely a reflection of the fact that Jesus managed to put 4 goals past Burton during Man City’s first leg thrashing of Burton Albion. The second leg will be played tonight and whilst Man City may well take their foot of the gas a little, it wouldn’t be surprising to see Jesus keen to add to his goal haul for the season!

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About Author

A Football INDEX Trader since the early days of the platform’s launch, Andrew offers regular insight into the movements on the market.

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