Barclay’s international trader clients take a bite of Apple in 2013

Barclays Stockbrokers has revealed that since the start of 2013, seven of the top ten traded stocks1 by clients on its International Trader platform have had a technology focus.
 
The UK's largest online execution-only stockbroker found despite a recently announced drop in profits for the first time in a decade, Apple was the most commonly traded international stock by clients, accounting for almost 7% of all international trades placed between 1st January and 30th April 2013. Social networking site Facebook ranked in second place, and will celebrate one year since the launch of its IPO on the 18th May. Google was the third most commonly traded international stock on the Barclays Stockbrokers International Trader platform.
 
Barclays Stockbrokers also polled2 its clients on their appetite for investing in the technology sector, and found 81% were interested in technology as an investment opportunity. This includes two fifths (40%) who already invest in technology and aim to seek further opportunities in the sector. Almost a fifth (17%) of investors don't currently invest in technology but were considering it for their portfolio while a further 24% will monitor the sector for investment opportunities.
 
Paul Inkster, Head of Product, Barclays Stockbrokers, said: "Despite a mixed set of first quarter results announced by some of the leading technology brands, demand for the technology sector is strong among our clients and has also been a popular choice for our International Trader clients in the first four months of the year. Investor focus is on the sector once again as Facebook approaches the first anniversary of its IPO, and we expect to see further developments in the sector as brands continue to innovate.
 
"For those interested in investing in the technology sector, the Barclays Stockbrokers International Trader platform is ideal for DIY investors who want to pick their own stocks and seek out opportunities in global markets."