First trading day of June

Next Monday will be the first trading day (FTD) of June.

As explained in the 2014 edition of the Almanac, the market has a tendency to be strong on the FTD of a month. And this effect has been even more pronounced in recent years.

Since 1984, the FTSE 100 Index has a return average of 0.21% on the June FTD, which makes it the seventh strongest FTD of the year. Although, as can be seen in the chart, the market has actually fallen on the first trading of June in the last four years.

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

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

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