RE: RE: RE: SP7 Jan 2020 12:54
Scoop...The FTSE 100 has made a positive start to 2020, which should mean this year will be a good one for the index.
That’s if the old stock market adage ‘as January goes, so goes the year’ rings true.
According to Fidelity International, the performance of the index at the start of the year can often set the tone for the rest of the year.
Its analysis found that, since its inception in 1984, the UK’s benchmark index has risen in the first month of the year in 20 out of 36 years and in all but four of these occasions, it has gone on to record a further gain between February and December.