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[m1k3y1] 26/10/2019 16:36

BA elite club secretary lied to steal £1,000,000 from co-workers

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[sarkasm] 26/10/2019 13:11

Will the FTSE fall by £10bn on Monday after daylight saving time ends?

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Dawn sun over a hill
Experts have found that the move from summer to winter time is associated with a drop in stock markets Credit: Southern Lightscapes-Australia

Marianna Hunt

26 October 2019 • 12:31pm

The dazy confusion on the morning after the clocks go back may not just affect your sleep pattern but hit your wallet too. Experts have found that on the Monday after a time shift, stock markets fall to below average levels. The dip is typically much sharper in autumn than spring.

So, as daylight saving time (DST) draws to an end, we take a look at what the move means for your money.
Bringing in the fall

In America alone, the move from DST led to an average one-day loss of $31bn (£23.9bn) on the stock exchanges over a 30-year period, according to a research study called “Losing Sleep at the Market: The Daylight-Savings Anomaly”.

The Monday DST hangover theory has also been seen in Germany, Canada and Great Britain. Stock broker AJ Bell found that in eight of the past 10 years the FTSE All Share index, a broad measure of the London stock market, has fallen the day after the clocks go back in October.

The average slide in value was around 0.4pc, which at current prices would wipe £9.9bn off London markets on Monday.

Longer studies put the average drop higher, at over 1pc.
What causes the drop?

Even minor changes to our sleep patterns can severely impact our judgment, anxiety levels, reaction times and problem solving abilities, according to the authors of “Losing Sleep at the Market”.

The report highlighted the fact that investment fund managers generally get below average levels of sleep, sometimes no more than two hours per night. It compared the deprivation and imbalance caused by changes to sleep patterns to the tactics used by military investigators.

With the people managing your money so sleep deprived that minor shifts in their routine throw them off kilter, daylight savings time could be knocking financial markets out of balance.
So what should investors do?

Laura Suter of AJ Bell said that although some studies appear to show that the clocks changing has an impact on markets, investors shouldn’t use this as a strategy for their portfolio.

“It’s like adages such as ‘sell in May and go away’ or that certain days of the week tend to have positive returns – interesting to read about but not a basis for investing your portfolio,” she said.

“There are lots of factors that affect markets each day, and it’s nigh on impossible to rule the impact of all of them out and isolate just one effect.”

[sarkasm] 26/10/2019 12:42

I guess this clarifies the pension situation and puts a super strong support under the share price

It also seems the market welcomed the information with a slight rise

all will be confirmed on Thursday

enjoy an exciting week and in the meantime have a pleasant weekend

[cafc69] 26/10/2019 09:49

BA food not going down well . Flying business class to St Lucia soon , won't be happy if not good . Normally fly Virgin Upper . https://apple.news/AyOsFmcGgQ1OQmDOc8foh-Q

[waldron] 25/10/2019 17:13

Brent Crude Oil NYMEX 61.68 +0.02%
Gasoline NYMEX 1.63 +0.18%
Natural Gas NYMEX 2.46 -0.16%
(WTI) 56.37 USD +0.50%

FTSE 100
7,324.47 -0.05%
Dow Jones
26,996.53 +0.71%
CAC 40
5,722.15 +0.67%
SBF 120
4,512.7 +0.64%
Euro STOXX 50
3,623.88 +0.06%
DAX
12,894.51 +0.17%
Ftse Mib
22,585.89 +0.26%


Eni
14.04 -0.69%


Total
47.695 +0.41%

Engie
14.925 -1.26%

Orange
14.68 -0.34%

IAG
Price (GBX) 520.60 +0.50% (Up +2.60)

Bp
512 +0.39%

Vodafone
160.6 -0.37%

Royal Dutch Shell
2,325.5 +0.17%

Royal Dutch Shell
2,324 +0.48%

MONTHS END WILL TELL ALL

[waldron] 25/10/2019 16:42

CHEERS TOON

[toon1966] 25/10/2019 16:34

So what happened to the 'bears' Montyhedge? I take the upward momentum of European indices this afternoon has hot nothing to do with IAG share price improvement this afternoon? Strangely other major European airlines sp's have also improved.

[toon1966] 25/10/2019 16:27

Alas our dearly departed Thomas Cook gets the bottom slot, followed by Easyjet!

[montyhedge] 25/10/2019 16:21

Totally agree. That's why the shareprice has perked up.

[waldron] 25/10/2019 16:21

INTERESTING TOON

Does it in fact say the norwegian airline is the worst

as bloomberg shut me out

[cyberian] 25/10/2019 16:20

New pension deficit appraisal looks OK at reduced £2.4 billion, and BA are to accelerate annual contribution from £300 million to £450 million over a shorter period of 4 years...seems a good initiative and reassuring move, I think?

[toon1966] 25/10/2019 16:14

Best and Worst Airports and Airlines according to Bloomberg -

[adrian j boris] 25/10/2019 16:07

montyhedge
25 Oct '19 - 15:55 - 11734 of 11735
0 0 0
Figures Thursday not expecting much, but a 15% increase in the dividend. If they surprise like Norwegian we could see 565p.
Norwegian jumped 20% on figures and they were voted the worst airline.


YOU GOT A LINK FOR THE WORST AIRLINES

NOT SURE OF YOUR FACTS AS USUAL

[montyhedge] 25/10/2019 15:59

NY BoyThink I found a 10 bagger Cambridge Cognition Plc , market 6.7m peanuts.Exciting rns today, take a look.

[montyhedge] 25/10/2019 15:55

Figures Thursday not expecting much, but a 15% increase in the dividend. If they surprise like Norwegian we could see 565p.Norwegian jumped 20% on figures and they were voted the worst airline.

[m1k3y1] 25/10/2019 15:25

Clocktower....it's winter, there are always sales / offers in winter.

[toon1966] 25/10/2019 15:08

Does anyone know if BA and BALPA are negotiating at present?

[clocktower] 25/10/2019 15:05

Not only is it likely to fall on XD date but by some as well, as holidays become more expensive in most long distance destinations in 2020. I notice BA are already trying to push holiday deals with business class seats at a discount (so the say.

[applepieinthesky] 25/10/2019 15:04

Don't forget the strikes

[m1k3y1] 25/10/2019 14:38

The share is going North IMO but it will obviously not do so in a straight line.

[wilc42] 25/10/2019 13:33

Why do you think this. I have no opinion. Just interested to see how others have calculated theirs.

[toon1966] 25/10/2019 13:01

...and don't forget the share price will be reset on the XD date, meaning it will fall in-line with the dividend payment.

[clocktower] 25/10/2019 12:47

The trend is set southwards imo even if there is a dividend hike which will no doubt cause a spike upwards but then I expect to see the bigger shorts pulling power.

[montyhedge] 25/10/2019 10:46

Bears want this back below support level of 500p before figures next Thursday.