First trading day of July

Tomorrow will be the first trading day (FTD) of July.

Since 1984, the FTSE 100 Index has an average return of 0.48% on the July FTD (16 times the average daily return on all days), which makes it the third strongest FTD of the year. Although, as can be seen in the chart, the market has suffered two large falls in the past five years on this day.

The following chart shows the returns for every July FTD since 1984.

First trading day of July (1984-2013) [2014]

 

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