Excerpt from: Individual Equities CFDs and Spread Bets
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| December 19, 2007 | | Food and tobacco stocks pace the European stock market | Until now, food and tobacco shares have been doing well on a European stock market concerned about financial stocks. However, spread bets and CFDs on European individual equities should consider that profit taking has set in, and that means that these stocks are likely to drop as well. MarketWatch has news that may help your spread betting:
Food and tobacco shares rank among the more defensive
areas of the stock market and have benefited recently from equity
investors becoming more reluctant to take risks.
"Defensive stocks have
been popular while anything with cyclical exposure has been hard-hit,"
said Stephen Dowds, head of international equities at the Northern
Trust. | | |
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