Barclays Stockbrokers sees clients buying bargain stocks. Returns can still be gained from investing in equities.
Barclays Stockbrokers, 23 July 2008
With the FTSE fluctuating in and out of bear market territory investor confidence remains with many investors seeing a buying opportunity. Of orders executed by Barclays Stockbrokers, 63 per cent were buys compared to 37 per cent sells yesterday.
Henk Potts, Equity Strategist, Barclays Stockbrokers said: “Rising inflation, sky-high oil prices, falling house prices along with weak consumer and business confidence surveys are all conspiring to reduce economic growth prospects and push markets lower.
“However, against a backdrop of cheap valuations we still believe long term investors will benefit from exposure to shares. Therefore its good see that a significant majority of our self directed investors are seeing the current short term volatility as an opportunity.”
For further information contact:
Caroline Wells / Nicola Hankey
PR, Barclays Wealth
020 7114 7435 / 020 7114 9813
OR
Katie Hayward / Katherine Hobby
Lansons Communications
020 7294 3631 / 020 7566 9704
katieh@lansons.com / katherineh@lansons.com
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