Ahead of the land rally - OMXS30 index has risen on average by 0.4 percent over the past 10 years

The 2024 stock market year is coming to an end and tomorrow marks the start of the so-called Santa Claus Rally - which applies to the last five trading days of the year plus the first two trading days of the new year.

The Santa Claus Rally - or "The Santa Claus Rally" as it is also known - produced a return of -1.2% for the OMXS30 index last year, compared to 2.3% the year before and 5.2% the year before that. The average for the last ten years is an increase of 0.4%.

Wall Street starts the holiday season on Monday, December 23rd, as Wall Street is open on Boxing Day and New Year's Eve.

OMXS30 index
Year-end, 7 trading days	Index development
2023/2024	-1,2%
2022/2023	2,3%
2021/2022	5,2%
2020/2021	2,6%
2019/2020	-0,2%
2018/2019	-3,7%
2017/2018	-0,8%
2016/2017	1,0%
2015/2016	-2,3%
2014/2015	0,9%
Average 10 years	0,4%
Source: Factset