Investors continue to seek gains from market volatility
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.”