Daily Archives: July 11, 2016


BT (BT.L) Stock Purchase – A proxy of the British consumer 2

In a recent post outlining my Astrazeneca share purchase, I mentioned that I had bought shares in BT as well. I bought 272 shares at a stock price of 397. Since then, the BT share price has gyrated bouncing up and down between a stock price of 450 and 350. A movement within such a large range over a short period of time is rare for blue chip stocks and it is fair to say that BT has been volatile in the wake of the Brexit vote. Talking about Brexit, British focussed businesses have faced the biggest brunt in term of decreased valuations. FTSE 250 companies along with Banks, Insurers […]