Only the year 2000 and 2003 even come close.
“This year has already seen 12 open-to-close movements of 2% or more and seven of those have been declines against five increases, so those investors tempted to buy on the dips will be hoping this year’s action is similar to the final capitulation selling witnessed in 2003 and 2009 before markets started to head north again,” AJ Bell’s Russ Mould said.
