THIS COMPETITION IS NOW CLOSED
The origins of Santa Claus are rather scattered and like the hoof prints of his supposed coursers show little continuous pattern. What is clear is that dealing with the historic St. Nick was certainly not a one way bet; in Europe Sinterklaas, Belsnickel and Perchita were fearsome characters that would give out far worse than a lump of coal to the misbehaved. Be good for goodness sake, is certainly sound advice.
When a man has as many aliases as St. Nicholas you have to wonder what he’s hiding. This twinkling eyed, merrily dimpled, rose cheeked and cherry nosed may not be all that he seems. The jovial Father Christmas figure we know today may have had a somewhat dubious past.
Today, the questionable Santa rally is a rise in stock prices towards the end of December. In the investment world there are sometimes anomalies or phenomena that appear to influence market returns. There are many possible explanations as to what causes the rally, including investors trading Christmas bonuses and being more optimistic around Christmas or institutional investors ‘window dressing’ their holdings.
As with the man in the red suit there are many who disbelieve a Santa rally exists. Whether you believe or not, the past thirty years has seen the FTSE 100 rise in December 83% of the time, meaning that 17% of the time (including the last two years) the FTSE 100 has fallen in December. Before December 2014, the previous 11 Decembers had been positive. Until last year we had never seen consecutive negative Decembers, could we really be on a roll of three in a row?
To be in with a chance of winning a £100 voucher, all you need to do is submit your guess for what you think the final FTSE 100 level of the year will be. You can have as many goes as you like up until 5pm on Friday 16 December, with the latest guess before the deadline being considered your official entry.
The person with the closest guess will be deemed the winner. To enter, submit your guess via the form below. Good luck!
Terms & Conditions
- The competition is open to UK residents with a UK postal address only.
- Entrants must be aged 18 or above.
- To enter, submit your answer and details via the form on this page.
- Multiple entries can be made but the entry closest to the cut off time will be used as official entry.
- FTSE guess must be to 2 decimal places.
- The competition is running from 5th December – 16th December (5pm deadline).
- The winner will be announced on the afternoon of January 5th.
- Postage of vouchers will be included to a UK mainland address.
- The prize is non-transferable, non-refundable and there is no cash alternative.
- Equilibrium may use your email address for further communication, but it will not be passed on to third parties.
- Entry into the competition is deemed acceptance of these Terms and Conditions.