Many
investors are snapping up low-priced
stock as the price of many tumbled due to the recent turmoil
experienced in many national markets, it has been revealed.
Barclays
Stockbrokers announced that 58 per cent of its client base
opted to purchase last Friday, with 74 per cent buying on Monday
morning. Activity of this nature led to a 205 point rise in
Friday's
FTSE 100.
Investors may find that the fallen prices offer them the perfect
opportunity to either begin a new portfolio or diversify their
existing assets.
Henk Potts, an
equity strategist at Barclays Stockbrokers, commented:
It's good to see that investors can see through the cloud
of uncertainty that has enveloped the
stock market over the last few weeks.
He added that to be a successful investor one must be aware of the
potential for short-term losses but prepared to see through these
and keep ones eyes on the long-term goals available.
Capita Group recently claimed that such market volatility often
sees
private investors fare better than their professional
colleagues, as they refocus their portfolios on defensive
stocks.
