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Post Election Buying Opportunity?


InLikeFlynn
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InLikeFlynn

Anyone else thinking that the next few days might represent a good buying opportunity for UK equities?

I'm watching with a view to investing some of my latest SIPP contribution.

8:00am could be interesting.

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The Second Mouse

That was my thought too.

Then the pound went down after the election results and it looks like the FTSE went up. I heard that's because a lot of FTSE companies trade more abroad than in the U.K.

 

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Green Devil

This is how the FTSE goes up these days. Not due to earnings value etc, just due to the crashing pound. As long as the pound keeps falling buying ftse is a no brainer (until it stops dropping..)

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man o' the year

I saw a 3.6% rise in 10 days up to 6th then a fall of 0.5% on next 2 days. Since then up 1.0%.

I think the UK market has further to fall. So far each fall I have made back in UK equity. Exception is Kier Group which has slid down since March.

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