FTSE still popular for investments

Tue, 20 Oct 2009

Barclays Stockbrokers has claimed that its clients are still putting their money into the stock market, with FTSE 100 investments up this week.

The index was at a 12-month high recently and the period between October 12th and 16th saw the bank's customers loosen up their finances, with buy-sell ratios reaching 55 per cent to 45 per cent respectively.

The firm puts this down to the well-performing energy industry, which has been bolstered by rising oil prices .

Barbara-Ann King, head of investments at Barclays Stockbrokers, explained that equity markets are "forward-looking rather than an indication of current conditions", adding that "this may help to explain the apparent anomaly of a strong equity market against the backdrop of a poor economic picture".

Asset management firm Legal and General Property recently announced the investment of more than £100 million into the real estate market, as it believes volatility is great enough to make some good returns.
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