According to the survey, 72 per cent of German investors, 84 per cent of UK investors and 52 per cent of French respondents plan to focus their investment teams more on taking profits
and rebalancing portfolios.
Louis also induced selling, with some investors taking profits
in recent gainers, briefly pushing down the Dow more than 110 points, they added.
28 July 2009 - Amagerbanken said it is taking profits
today from the stock in Danish biotech company Genmab A/S (CPH: GEN), which it has rated at "buy" with a certain cautiousness.
Perhaps because of the increasing availability of broker research on the internet, they are taking profits
and reinvesting rather than following the herd.
First of all, there is evidence that the early, more aggressive hands among foreign investors are taking profits
, and this is nowhere more apparent than in the sell-off of the banks.
Analysts said many investors thought share prices on both sides of the Atlantic had run ahead of themselves and were taking profits
or keeping cash on the sidelines.
"At that point," she says, "Schering-Plough made up a large portion of my portfolio so I wanted to cut my exposure there." She sold enough stock to cover her son's education bills, effectively taking profits
off the table and putting them to good use.
Those who seek to criticise the one-off French market for somehow taking profits
away from existing outlets are missing the point.
"People are taking profits
after huge gains this week made as the last group of hedge funds and other investors went dollar long," said Minori Uchida, a senior analyst at Bank of Tokyo Mitsubishi UFJ in Tokyo.
Late selling of equities for taking profits
, however, ate into early gains, with many market players retreating to the sidelines ahead of the release of inflation data later this week.
They have also been taking profits
on those stocks which bounced, after Bank of Scotland's bid for NatWest revived hopes of a bout of banking mergers and takeovers.
Prices of 10-year Japanese government bonds and bond futures fell Friday, with investors taking profits
ahead of a three-day weekend.