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Private investors return to equities

Private investors bought £2.6bn of equities in August and September marking a reversal of the heavy selling of shares in the first half of 2006.

Figures from Capita show that August and September are the first time private investors have increased holdings in equities since the beginning of the year.

Between February and July this year, investors sold a net £9.9bn of their shares and at the end of September, private investors owned £206bn in shares and 11.7 per cent of the UK stock market.

Director Capita Registrars John Roundhill says: “Private investors are largely risk-averse and dislike volatile markets. The stormy start to the year prompted them to shy away from equities but the stock market entered much calmer waters over the summer with the FTSE 100 barely moving during August and September.

“A reinvigorated housing market and good economic growth have created something of a feel-good factor which, coupled with greater stock market sustainability, have encouraged investors back into equities.”

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