「異例の東京五輪、『開催国は株高』の経験則通じるか」の英文記事をNikkei Asia NikkeiAsia に掲載しています。 ▶️ Pandemic-year Olympics to test legend of stock market gold Tokyo2020 Olympics
TOKYO -- The Summer Olympics bring home a win for the host nation's stock market -- so suggests past market data, at least.
"Transportation networks and other infrastructure built for the Games bolstered productivity, which likely led to corporate earnings growth," Hirakawa said.Others see a correlation between strong Japanese performances at past Olympics and stock market gains. The Nikkei Stock Average rose during all five Summer Olympics since 1968 where Japan won 10 or more gold medals, said Akiyoshi Takumori, chief economist at Sumitomo Mitsui DS Asset Management.
Sponsors and companies that ramp up advertising during the Games also stand to benefit. Stocks like Coca-Cola, Procter & Gamble and Comcast -- parent of U.S. Olympics broadcaster NBCUniversal -- are expected to enjoy a boost from the event. With more people viewing the Games from home, Japan market watchers are bullish over electronics retailers like Bic Camera and beer brands.