The Motley Fool’s ASX World Cup kicked off last week, with 32 companies vying to be named as the ASX World champion. With 14 matches played so far, we’ve seen two draws, some other close match ups, and two blowout scores.
It’s been an exciting ride so far, with resources companies buffeted by iron ore headwinds, retailers suffering at the hands of consumer confidence, while dependable ‘defensive’ companies have had some close matches, with results hanging by a threat until the final moments.
Much like Brazil’s, Germany’s and the Netherland’s performance in the Football World Cup have given fans a tease of which teams to watch, Telstra Corporation Limited (ASX: TLS), Santos Limited (ASX: STO) and Australia and New Zealand Banking Group (ASX: ANZ) have posted strong scores in the ASX World Cup, with 5-1, 3-1, 3-1 scorelines over their respective opponents.
Railways group Aurizon Holdings Ltd (ASX: AZJ) suffered at the hands of Telstra, and will need to post a strong win against their next opponents Transurban Group (ASX: TCL) later this week to stay in the running to go through to the Group of 16 stage. That’s no certainty, with Transurban already posting a win over Sydney Airport Holdings Ltd (ASX: SYD).
And while you can catch up on all the previous matches on Motley Fool Australia, don’t forget to stay tuned as there is still a long way to go for most teams, and like Costa Rica’s upset win over Uruguay, there are likely plenty of surprises still in store for fans.
Today sees the first match ups from Group H (Healthcare stocks), while tomorrow sees the resource majors in their second round matches, while the banks group finalists could be decided as early as tomorrow, depending on how results go.
I hope you’ve enjoyed our coverage as much as I have, and I can’t wait to see who is crowned ASX World Cup winner in mid-July.
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Motley Fool writer/analyst Mike King owns shares in Santos, Sydney Airport and Telstra. You can follow Mike on Twitter @TMFKinga