Manchester United shares rally as Mourinho gets red card

FILE PHOTO: Soccer Football - Premier League - Liverpool v Manchester United - Anfield, Liverpool, Britain - December 16, 2018 Manchester United manager Jose Mourinho reacts REUTERS/Phil Noble/File Photo

LONDON (Reuters) - Manchester United shares climbed after the Premier League soccer club sacked manager Jose Mourinho, an indication investors welcomed the move after a dismal start to the season.

Manchester United's New York-listed shares were up 4.2 percent by 1500 GMT, their first gain in a week, and had traded 20 percent of their average daily volume in just 45 minutes.