Halifax Share Dealing customers enjoy rising portfolios
The most recent data from the Halifax Share Dealing (HSDL) Market Tracker Survey reveals that over half (54%) of customers saw their portfolios rise in value over the past six months, with 79% of respondents confident that FTSE 100 will continue to rise over the next year.
The optimisim within its investors is thanks to positive returns on the Banking and Financial sector investments, and boyant expectations for the Energy & Mining sectors with 74 per cent of respondents currently owning shares in this segment. Financial services also remains a popular area for investment with 61 per cent of surveyed customers holding stocks in this area.
The survey also shows that 81 per cent of HSDL customers who invest for their children's future are using Share Dealing Accounts or ISAs.
Damian Stansfield, Managing Director of Halifax Share Dealing, says: "Our most recent survey reveals that our customers are seeing positive growth from their investments. Despite the recent turmoil in financial markets, 78 per cent of respondents say that their portfolios have either held their value or increased over the past six months. This has fostered an optimistic mindset amongst our customers with 79 per cent expecting the UK stock market to rise over the next year. We are also seeing that more of our customers investing for their children's future are using specific investment vehicles such as Share Dealing Accounts and ISAs..
"With relatively low costs and a growing number of Halifax Share Dealing investment options at their disposal, we expect the level of investment to continue to grow as consumer experience and confidence builds."
Further information can be found by visiting halifax.co.uk/sharedealing/