Novak Djokovic finishes ‘amazing rivalry’ with Rafael Nadal after win in Riyadh

Novak Djokovic claimed a final win over Rafael Nadal as the two brought an end to one of sport's great rivalries at the Six Kings Slam exhibition in Riyadh on Saturday night.

The two tennis legends contested a record 60 competitive clashes during their careers, with Djokovic leading 31-29, but there will be no more after Nadal announced last week he will retire following the Davis Cup Finals in Malaga next month.

Whether he will play singles there remains to be seen, so this 6-2, 7-6 defeat may have been a final individual outing for the 38-year-old.

There were some classic Nadal moments, including several crowd-pleasing forehands down the line, and the Spaniard had a big smile on his face at the end.

Speaking on court to Djokovic, he said: “It has been an amazing rivalry. In a personal way I have to say that you helped me to go over my limits during almost 15 years. So thank you for that because without that probably I will not be the player that I am today.

“It has been a dream come true to be able to play for almost 20 years being competitive and having the chance to play in the best places in the world.”

Djokovic said: “I have the utmost respect for you: incredible athlete, incredible person.

“The rivalry has been incredible and has been very intense, so I hope that we’ll have a chance to maybe sit on the beach somewhere and maybe have a little drink and reflect on life, talking about something else.

“I will finish with one big thank you, from not just me, but all of the tennis world for what you have done. You left an incredible legacy and we really appreciate it.

“Don’t leave tennis man, stay a little bit longer, stay with us.”

Rafael Nadal announces retirement from professional tennis

04:44

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

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How to play the stock market recovery in 2021?

If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.

Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.

Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.

Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).

Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal.

Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.

By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.

As demand for energy fell, the oil and gas industry had a tough year, too.

Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.

He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.”

This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”

Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.