Close Brothers Group [CBG] – 51 years on the LSE

On this day in 1962 Close Brothers Group listed on the LSE.

The following chart plots the average monthly out-performance of the shares over the FTSE 100 Index since 1988. For example, on average Close Brothers Group has out-performed the FTSE 100 by 3.8 percentage points in August.

Average monthly performance of Close Brothers Group [CBG] relative to the FTSE 100 Index (1988-2013)

Observations

  1. The strongest month for Close Brothers Group shares relative to the market has been August (the shares have out-performed the market in this month in 19 of the last 25 years).
  2. The weakest month for Close Brothers Group relative to the market has been July (the shares have only out-performed the market in this month in 9 of the past 25 years).

Close Brothers Group is in the FTSE 350 Financial Services [NMX8770] sector.

Social Share Toolbar

Financial Services sector monthly seasonality analysis

The 2013 edition of the Almanac looks at the historic monthly performance of the FTSE 350 sectors. Here we look at the Financial Services sector.

The following chart plots the average out-performance of the FTSE 350 Financial Services sector over the FTSE 100 Index by month since 1999. For example, since 1999 on average the Financial Services sector has out-performed the FTSE 100 Index by 2.3 percentage points in January.

Observations:

  1. The strongest months are January and March – the sector has under-performed the market only four times in the past 13 years in January.
  2. The weakest month has been February – the sector has out-performed the market only five times in this month in the last 13 years.

The 23 stocks in the FTSE 350 Financial Services sector [NMX8770] are-

3i Group [III] Investec [INVP]
Aberdeen Asset Management [ADN] IP Group [IPO]
Ashmore Group [ASHM] Jupiter Fund Management [JUP]
Brewin Dolphin Holdings [BRW] London Stock Exchange Group [LSE]
Close Brothers Group [CBG] Man Group [EMG]
F&C Asset Management [FCAM] Paragon Group of Companies (The) [PAG]
Hargreaves Lansdown [HL.] Provident Financial [PFG]
Henderson Group [HGG] Rathbone Brothers [RAT]
ICAP [IAP] Schroders [SDR]
IG Group Holdings [IGG] SVG Capital [SVI]
Intermediate Capital Group [ICP] Tullett Prebon [TLPR]
International Personal Finance [IPF]
Social Share Toolbar