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Widest stocks sell off in years
ALL sectors saw a net sell off of equities for the first time in four years from September to November, as investors took a major hit according to data out today from Capita Registrars.
Private investors saw £24bn wiped off holdings since May, selling £695m in the three months to November.
The sell-off represents a change after five consecutive months of buying.
“The lack of alternatives that will protect the real value of investors’ savings means that investing in equities still makes sense for those thinking longer term,” said Capita Registrar’s Charles Cryer.