What January means for UK stocks

January averages a return of 0.5% for the FTSE 100 ranking it 9th out of the year according to The Stock Market Almanac, compiled by Jeff Hirsch.  January has risen 59% of all years since 1984 although it also the most inconsistent month in terms of performance, declining significantly since 2000.

Moreover, the second week of January (w/c 6th Jan for this year) is the worst performing week of the year for the FTSE 100 typically losing 0.5%, and rising only 28% of the years since 1984. However, small and mid cap stocks tend to outperform the FTSE100 in January by 3.7% and 2.3% respectively.