Borussia Dortmund shares because of the prospect of a championship in the heights

The prospect of the ninth championship title helped Borussia Dortmund’s share price soar on Monday. The paper of the only German listed Bundesliga club climbed in the first hour of electronic trading Xetra by around 15 percent to 5.15 euros. The last time the stock was this high was around 20 months ago.

BVB are two points ahead of series champions Bayern Munich going into the last matchday and can finally wrap up the title with a home win against FSV Mainz 05 on Saturday. It would be the first German championship for Westphalia since 2012.

However, the BVB share is still a long way from its issue price. When the company debuted on the stock market on October 31, 2000, the price for a share certificate was eleven euros. After that, the stock plummeted. In the years 2008, 2009 and 2010, the share certificate even dwindled to a penny stock, i.e. worth less than one euro.