Ajax win over Real kicks share price skywards

Ajax ’ s stunning win over Real Madrid boosted their share price by almost 8 . 0 per cent on the Amsterdam stock exchange Wednesday, as investors too savoured the Dutch club ’ s Champions League success .

The Amsterdam club ’ s shares jumped by 7 . 8 per cent at close after news of their 4 – 1 drubbing of Real , which saw the Spanish defending champions crash out of the competition on Tuesday night .

Ajax ’ s stocks opened at 16. 25 euros ( $ 18. 37 ) a share , up 5 . 8 per cent from its close on Tuesday. Shortly after opening it jumped as high as 17 euros , attributed by financial analysts to the club ’ s win.

The share price, however , flattened out later in the day to close at 16 . 55 euros a share .

Ajax were the only Dutch club to list on the Amsterdam stock exchange , in 1998 , and posted a profit of 20. 3 million euros after the first half of the 2018 – 2019 football season , according to Dutch trading website Beurs . nl.
Turnover over the same period rose from 56 million euros to 104 . 3 million euros , the website added .

Apart from taking part in the lucrative Champions League , Ajax also this year saw a number of high – earning transfers including that of Frenkie de Jong .
The talented Ajax midfielder is set to join Barcelona in July for 75 million euros .

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