# Should ‘Sell in May’ investors buy back in June?

> UK stock indices ended May 2023 with losses of more than 5%, with the FTSE 100 down 5.4%. Concerns about the global economy, higher borrowing costs and the US debt ceiling weighed on shares. A drop in the oil price hurt BP and Shell.

- Date: 2023-06-01 · published 2023-06-01T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/9783-should-sell-in-may-investors-buy-back-in-june
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower oil prices reduce energy-sector equity values and can signal weaker energy demand, though the effect on feed input costs is indirect.

## Read by commodity

- WTI: bearish ▼

## Sources

- ii.co.uk: https://www.ii.co.uk/analysis-commentary/should-sell-may-investors-buy-back-june-ii528068

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.