Directors' buying of shares hits a high

A tracking survey of the number of company directors buying shares has indicated growing confidence by company insiders that the recent upswing in stock markets will not run out of steam.

30th July, 2005

A tracking survey of the number of company directors buying shares has indicated growing confidence by company insiders that the recent upswing in stock markets will not run out of steam.

The Merrill Lynch weekly analysis, which compares the number of company directors buying shares in their own companies with the number who are selling, shows that the buying ratio has hit one of its highest levels this year.

The survey shows that, for every...

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