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The Performance of the FTSE in Perspective

The UK FTSE 100 index enjoyed strong gains earlier this week as a result of higher metals prices.  Earlier this week, the UK's FTSE 100 index enjoyed gains of 0.3% to close at 6591.55. This was the fourth successive day of gains for the index. The positive sentiment was a direct result of higher metals prices. The gold price surged to a 2 week high – its longest really since August 2013 in New York. Among the biggest gainers were Randgold Resources and Fresnillo. But it's not only the precious metals sector that is performing well in the UK, it's Barclays...

Getting a FTSE up in December – The Results

Late last year I wrote about FTSE behaviour come December. No, not playing under-the-table toe-tennis with the cutie from accounts at the work Christmas party, rather what the London Stock Exchange's biggie share index - the FTSE 100 - tends to do come the silly season. I looked at data from the past nine years and found that on each occasion the FTSE 100 finished December higher than it began. Some years marginally higher - 24.4 points up in 2007 - and some years quite substantially higher - 371.6 points in 2010. Here's the data again for those who missed it.   28th Nov...

Get a FTSE up in December

  A friend of mine recently asked if I went long on the FTSE for a month each December? I looked at him a little strangely thinking, what a silly question (and what's the story with that shirt). Why, with the markets ramping down for the holidays and many investors taking defensive positions before hitting the slopes, would I put my hard earned on an outcome that goes against all my prevailing investment logic (pardon the oxymoron). Sure, there's a case for Christmas spending buoying the retail and manufacturing sectors and I guess there's a merry optimism to the population come December...