Investor confidence buoyant despite stock falls

J P Morgan Fleming said that investor confidence has grown, with 48% of investors polled very positive about the stock market over the next 6 months.

The fund company polls 500 private investors every month for their views on market trends.

However, 18% of respondents said they were negative about market prospects over the period.

Regardless of confidence, post-dividend trading on major companies in the oil and banking sectors led, to a fall in the FTSE-100 and Dow Jones today.

The FTSE 100 closed down 1.3%, losing 62.6 points and taking it below the 5,000 mark to 4,937.6.

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