year-end rally

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Year-End Rally

A rise in stock prices that sometimes occurs on the trading days between Christmas and New Year's Day, occasionally extending into the first few trading days of January. Year-end rallies are thought to occur in anticipation of the January effect, which is a rise in demand for stocks resulting from the increased liquidity among investors who closed positions prior to the end of the year for tax purposes. A year-end rally is also called a Santa Claus rally.

year-end rally

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The Dubai index rose on Sunday, extending its year end rally to retest the keenly watched 4,000 level, led by Arabtec and Emaar Properties despite a declining crude oil prices.
But be cheered that markets appear to have regained their poise in time for a year end rally.