We have previously looked at data to see if there are any discernible patterns in market returns by day of the week. The following table presents another way of studying this.
The table shows the daily returns of the FTSE 100 Index for every day so far in 2016 (up to last Friday, 28 Oct). Positive returns are highlighted in green, negative returns in red. (White cells indicate a market holiday.)
- So far in 2016 the longest run of positive (or negative) returns for a day started in the 10th week of the year when day returns for eight consecutive Wednesdays were positive.
- For 11 weeks, the day returns on Fridays were the opposite sign to that on the previous day (Thursday). This run ended last Friday (when both Thursday and Friday saw positive returns).
Other articles looking at returns on days of the week.