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A thought on UK stockmarket

mzqa395
mzqa395 Posts: 376 Forumite
edited 22 August 2009 at 5:14PM in Savings & investments
UK stockmarket atmosphere is bad. Index is low. No stockbroker branches in major city, no place people gathering inside branch exchange information. Major TV channel BBC , sky do not have phone in program for people to chat about the stock market. In contrast stock market atomosphere are better in North American, Asian.

Can anyone explain?:confused:
«1

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Eh? !!!!!! are you on about?
  • turbobob
    turbobob Posts: 1,500 Forumite
    I'm not sure, but I read the OP's comments as referring to the fairly low profile (amongst the "general public" as a whole) of the stockmarket here compared to say, the US. Maybe the fact that in the UK, in general we are lucky if a news program dedicates more than 30 seconds to it. In the US it tends to get a lot more coverage. I'm not sure about the comment on stockbroker branchs - they are about. But I suspect most investors will deal online.
  • GiraffeMan
    GiraffeMan Posts: 131 Forumite
    turbobob wrote: »
    I'm not sure, but I read the OP's comments as referring to the fairly low profile (amongst the "general public" as a whole) of the stockmarket here compared to say, the US. Maybe the fact that in the UK, in general we are lucky if a news program dedicates more than 30 seconds to it. In the US it tends to get a lot more coverage. I'm not sure about the comment on stockbroker branchs - they are about. But I suspect most investors will deal online.

    Who cares?
  • Baz_2
    Baz_2 Posts: 729 Forumite
    GiraffeMan wrote: »
    Who cares?

    What a pathetic comment.
  • Forum etiquette idea didn't last long.
  • 00ec25
    00ec25 Posts: 9,123 Forumite
    1,000 Posts Combo Breaker
    why should TV channels have phone in programs, the speculation made on this board is enough to show that the majority of people do not have the first idea what makes the stockmarket tick, and the "professionals" get it wrong too. Remember that to have a market the majority lose for the minority to gain
    if TV did phone ins most of what was said would be subject to regulatory concerns anyway so would probably not be broadcastable

    as for your comments re stockbrokers, try looking harder! They exist where there are people with money, my friend is one and works in St Albans but his client list covers the whole of the south east

    as for the stockmarket as a whole - rubbish, FTSE100 is up 30% since March, try following it closer and learning what drives it !
  • mzqa395
    mzqa395 Posts: 376 Forumite
    edited 24 August 2009 at 4:46PM
    In Asia (Japan , China)Stockbrokers branches all around major city. Market particaption is higher. People can have chat at branches to exchange tips and look at the share price. Radio channel announce indices every 30 minutes. Index in New york, Hong kong are higher than UK.

    Out of curious anyone know which stockbrokers let me invest Hong Kong Singapore, taiwan stockmarket.
  • dunstonh
    dunstonh Posts: 121,507 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    In Asia (Japan , China)Stockbrokers branches all around major city.

    And UK.
    Market particaption is higher.

    I think you will find that the UK is a mature market and saturated whereas Asia is developing and that coupled with low regulation sees greater demand for new business.
    People can have chat at branches to exchange tips and look at the share price.

    How boring. Isnt that what the internet is for? Thats where most share ramping goes on.
    Radio channel announce indices every 30 minutes. Index in New york, Hong kong are higher than UK.

    Index values have nothing to do with other countries. There are satellite channels such as bloomberg if you are really anal and fancy watching that 24/7. Most people are normal though.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • 00ec25
    00ec25 Posts: 9,123 Forumite
    1,000 Posts Combo Breaker
    00ec25 wrote: »
    as for your comments re stockbrokers, try looking harder!

    for example here is a directory of 217 firms in 500 locations
    http://www.apcims.co.uk/

    or here is a firm spread across the UK (for whom my friend is a partner dealing with the high net worth end of the market only)
    http://www.redmayne.co.uk/branch/
    mzqa395 wrote: »
    Out of curious anyone know which stockbrokers let me invest Hong Kong Singapore, taiwan stockmarket.

    http://www.redmayne.co.uk/investment/08.05_GuideServicesandCharges.pdf

    you will pay a lot for doing it though!
    Overseas/Foreign Stocks
    Commissions for dealing in overseas shares, other than those settled via Crest, are the same as for dealing in UK Equities, but with a higher ‘Settlement and Compliance’ charge (minimum £10) to take account of the additional fees levied by our overseas custodians. Please note that purchases of overseas shares can only be made for Nominee clients.
    United States of America, Canada, France and Germany £10
    Other Western Europe, Australia, New Zealand and South Africa £25
    Other Countries By prior arrangement
  • Aegis
    Aegis Posts: 5,695 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    mzqa395 wrote: »
    In Asia (Japan , China)Stockbrokers branches all around major city. Market particaption is higher. People can have chat at branches to exchange tips and look at the share price. Radio channel announce indices every 30 minutes. Index in New york, Hong kong are higher than UK.

    Out of curious anyone know which stockbrokers let me invest Hong Kong Singapore, taiwan stockmarket.
    Just out of interest, how has that worked out for Japan? ;)
    I am a Chartered Financial Planner
    Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.
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