Property News · June 28, 2016

Small investors go on a bargain hunt after Brexit share slump


Housebuilders and banks have been hit by Thursday’s vote, but high trading volumes show buyers embracing the volatile marketBargain-seeking small investors were out in force on Monday as the fallout from Brexit sent many popular shares tumbling for a second day – attracted by price drops last seen following the credit crisis in 2008. In the three days before last week’s referendum, small investors were preloading their trading accounts with cash at twice normal levels, say brokers. That money, they said, has since been invested in banks and housebuilders’ shares – sectors that have seen the biggest post-Brexit price falls. Continue reading…

Source : theguardian.com
Read more…Small investors go on a bargain hunt after Brexit share slump

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