Barclays Stockbrokers saw 59% of clients buy on Monday (compared to 41% sells). Optimism continues with 69% buys (compared to 31% sells) before 9am this morning. FTSE 100 closed down 217.3 points at 5414.4
Barclays Stockbrokers, 18 March 2008
Despite the FTSE plunging over 200 points, many investors are seeing this as an opportunity to take advantage of market conditions; 59% of orders executed by Barclays Stockbrokers clients on Monday were buys (compared to 41% sells). This optimism has continued into today with 69% of the orders executed before 9am this morning being buys (compared to 31% sells).
Henk Potts, Equity Strategist, Barclays Stockbrokers said: “The doom and gloom headlines and the disheartening numbers on screen may have some traders looking for a safe haven; however many others should see this as real opportunity to take advantage of short term volatility in order to generate long term gain. History has taught us that the best investors buy stocks when they are weak and cheap, not strong and expensive.”
For further information contact:
Caroline Wells / Nicola Hankey
PR, Barclays Wealth
020 7114 7435 / 020 7114 9813
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