Stock investors undecided on market recovery, survey indicates

A new survey has revealed that 39 per cent of investors believe it is too early to make confident predictions about the future of the stockmarket.

The poll by Barclays Stockbrokers found that while 34 per cent are convinced that recent rallies are a sign of recovery, many more investors think the market is currently ’too difficult to call’.

According to Barclays, the use of exchange-traded funds has increased significantly in recent weeks as investors seek returns from fluctuating markets.

’Investors have faced and are still facing unprecedented challenges throughout the economic crisis, but are clearly taking it as an opportunity to gain from volatility,’ commented Barbara-Ann King, head of investments at Barclays Stockbrokers.

The survey also found that 27 per cent of investors class their current attitude to the market as ’bearish’, meaning they are concerned that there will be no correction.

According to Hemscott, investor sentiment in the UK was boosted by chancellor Alistair Darling’s meeting with the G20 finance ministers in Scotland on Saturday (November 7th).
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