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Investors confident over FTSE recovery

Investors confident over FTSE recovery

Category: Investments

Updated: 20/01/2010
First Published: 20/01/2010

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Investors are more confident in their outlook for the stock markets in 2010, despite the rollercoaster ride experienced in 2009, new research has revealed.

Almost half (44%) of investors at Barclays Wealth said they were bullish for the coming year, and thought the recent FTSE rally would continue.

At the beginning of November, only a third (34%) of investors had displayed this level of optimism.

Only a fifth (22%) of investors no claimed to be bearish in their outlook, saying they do not expect proper market recovery for 2010, compared with 27% two months ago.

A third of those surveyed (34%) were still undecided in their outlook for this year.

"The highs and lows of the FTSE over 2009 clearly did not deter investors showcasing confidence in their outlook and remaining active in their investments," said Barbara-Ann King, head of investments at Barclays Stockbrokers.

"Investors have faced, and still face going into 2010, unprecedented challenges throughout the economic crisis, but many are clearly using this as a chance to take advantage of opportunities."

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