GraniteShares: UK retail share traders look to foreign markets for opportunities
GraniteShares: UK retail share traders look to foreign markets for opportunities
UK retail share traders are increasingly looking to trade shares listed in foreign markets, new research from Graniteshares shows.
Its study found nearly half (47%) have increased the value of stocks they buy that are not listed on the London Stock Exchange in the past 12 months. Around 10% have dramatically increased the stocks they buy listed on foreign markets.
The trend looks set to continue the research for GraniteShares, which offers a suite of Short and Leveraged Single Stock Daily ETPs tracking some of the most popular companies in UK US and European markets, found.
Around a quarter (24%) of investors questioned say they plan to increase trading in US shares over the next 12 months with 25% looking to increase trading in European stocks and 23% in Asian-listed shares.
The UK remains popular with retail traders and around 28% say they will increase trading in London-listed stocks over the year ahead. That corresponds to GraniteShares own platform where Rolls Royce (3LRR) is the most popular ETP, by AUM, held by UK traders.
Just 10% questioned have bought no UK-listed stocks in the past year compared with 28% who have not bought any European-listed stocks and 27% who have bought no US-listed stocks. Around half (47%) have not bought any Asian-listed shares.
However US markets are seen as likely to be the best performer in the year ahead – 31% questioned chose the US ahead of 22% picking the UK with 17% selecting Asian markets and 12% looking to European markets for the strongest performance.
Around six out of 10 (58%) believe the FTSE-100 will end higher this year compared with 50% saying the same about the Nasdaq and 44% saying the S&P 500 will end the year up. Around 36% expect the EuroStoxx 50 to close higher at the end of the year.