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Over a third of investors believe the FTSE 100 will recover to 5500 - 6000 points over the next three months
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One in ten think the FTSE 100 will peak above 6000
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Investors are split on outlook for gold
Following recent market turmoil, investors have revealed a bullish outlook for their investment portfolios. A recent poll by Barclays Stockbrokers, the UK's largest online execution-only stockbroker found clients believe the FTSE 100 level will recover in the next three months.
With the current level of the FTSE 100 around 5100, 47% of respondents expect a recovery above 5500 points within three months. Of those, 37% expect the FTSE 100 to reach 5500-6000 points and one in ten clients (10%) were even more bullish - stating that the FTSE 100 will top 6000. Only 17% think the FTSE 100 will drop below 5000.
Meanwhile, further research revealed a mixed outlook from investors on the price of gold, which today reached a new record high above $1,800/oz. Over one third (34%) of respondents believe the current levels cannot be sustained whilst two fifths (40%) think the price will continue to rise over the next month. 18% of investors think the gold price will remain at its current level.
Paul Inkster, Head of Product, Barclays Stockbrokers, said: "We have experienced significant market volatility following recent events in the US and the Eurozone and despite the fall in the FTSE 100, our self-directed clients remain largely confident in their investment outlook.
"Despite the turbulence, Barclays Stockbrokers Price Improver®, the tool used to ensure clients get the best prices, achieved an improved price on 82% of all trades placed during last week. So even in extreme volatility, our clients achieved a better price than the one available from the London Stock Exchange in the vast majority of instances."
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