On this day in 1962 British American Tobacco listed on the LSE.
The following chart plots the average monthly out-performance of the shares over the FTSE 100 Index since 1998. For example, on average BATS has out-performed the FTSE 100 by 1.7 percentage points in January.
Observations:
- The strongest months for BATS relative to the market have been February and May (the shares have out-performed the market in May in 11 of the last 14 years).
- The shares are mildy weak relative to the market in October and November, but not significantly so.
