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Investors take advantage of stock mark correction

23 October 2007
In the last two months the stock market has seen investment of billions of pounds from private investors, reports Reuters.

Capita Registrars Private Investor Watch recorded that £999 million was invested into equities during the months of August and September.

John Roundhill, a director of Capita Registrars, told Reuters: "Private investors had been positioning themselves for a stock market correction all year - and they were proved right.

"From their early summer peak, share prices fell a massive 13 per cent by the middle of August."

Though the correction was "short-lived", private investors quickly took the opportunity to re-invest, added Mr Roundhill.

Meanwhile, Asian stocks have plummeted recently in the wake of Wall Street's continuing marked slowdown.

Recent disruption in the credit industry, which was sparked by the sub-prime crisis in the US has resulted in investors exercising caution across the board.

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