year-end rally

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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BITCOIN went into freefall yesterday, its price collapsing from the dizzying heights of nearly $20,000 earlier this week to around $12,000 as steam appeared to be running out of its year-end rally.
The peso's year-end rally is set to wane as remittance flows start tapering, said Irene Cheung, a currency strategist at Australia & New Zealand Banking Group Ltd.
So far, the change promised by Donald Trump sparked the strongest year-end rally in years, contrary to what polls led many to believe was likely.
This development can be explained by the strong year-end rally in the preceding quarter, renewed negative exchange rate effects, and a slackening of business in the Asia/Pacific region.
3 per cent Monday on the first trading day of 2014 as investors sold stocks to lock in quick profits after a year-end rally, according to dpa.
41 billion yen, backed by a year-end rally in Tokyo stocks that boosted the value of its asset holdings.
Securequity sales trader Jawaid Afsar said he was considering buying mining stocks and felt the FTSE 100 would have a traditional year-end rally with fund managers allocating more money to equities as they close their books for 2012.
1 percent gain and Saudi Arabia's Tadawul nearly breaking even after a year-end rally.
A year-end rally in Dubai-related bonds sends a positive signal for 2012, suggesting more investors are becoming convinced the emirate can arrange smooth refinancings for state-owned firms next year.
16, volumes were weaker than previous weeks, clearing the stage for a typical year-end rally.
DUBAI/CAIRO: Hopes are still alive for a year-end rally of Gulf stock markets, although it has been a disappointing year for most investors and low trading turnover shows many are still reluctant to put fresh money into shares.
Hong Kong shares fell on Thursday, dragged lower by HSBC Holdings and local property names even as mainland markets strengthened in healthy volume as more investors foresaw a year-end rally in Shanghai.