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Shares rise in brokers on chance of second retail investor boom

Evening Standard

|

November 26, 2021

IT WAS a grim day on the markets, but traders looking for bargains found themselves eyeing up the shares of the firms they work for.

- ​​​​​​​ Simon English

Shares rise in brokers on chance of second retail investor boom

Last year’s lockdown saw a surge in new punters buying stocks. Account opening rocketed at Hargreaves Lansdown, IG and CMC Markets as a new breed of investor decided to try their luck on the stock market.

That retail investor boom was supposed to be over, as the nation headed back to offices and resumed spending spare cash in Pret A Manger.

Fears that Brits could again be shut at home due to Covid variants and Tube strikes saw shares in the brokers rally.

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