Investors look to mining sector

12 February 2008 / by None
Investors have been looking to the mining sector in light of concerns that commodities and metal prices could be about to drop.

TD Waterhouse has noted that recent developments have led investors to look toward the sector, with their customers already seeing profit in recent days.

Commenting on the trend, Angus Rigby, chief executive officer of TD Waterhouse, said: "It has been an energised week for the industry with continuing concerns over the global economy and fear that commodities and metal prices could be next in line for a hammering."

The continuing volatility in the markets has hit share prices in the financial sector which has led investors buying heavily into UK banks in an attempt to turn this to their advantage, TD Waterhouse has aid.

The group has noted that the Royal Bank of Scotland, Barclays, Northern Rock and Lloyds TSB were the most popular share buys this week.

TD Waterhouse offers online trading to both active traders and longer-term investors across a full range of asset classes.

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