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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Market Comment

Sectors on the move - April

April 2002

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

This section should be viewed as raw material for investment ideas,rather than  recommendations.  Comparisons in sectors are based on the period between  23 /02/02 and 22/03/02.In a period where the FTSE All Share index rose by 4.4% it’sinteresting to note how broadly based the recovery was.  Only onesector lost more than 3% and three saw double digit increases.  Itwas quite a  shock to see perennial struggler, Engineering andMachinery, top the rising sectors by a handsome 17.6% to 2231. This sector includes companies like FKI, 181p (market cap: £1.05billion), Cookson,100p (cap: £731 million) and  Halma, 167p (cap:£610m).   Old timers will remember that engineers d ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X