Since the start of 2013, seven of the top ten traded stocks by clients on its International Trader platform have had a technology focus, according to Barclays Stockbrokers.
Barclays Stockbrokers said that despite of drop in profits for the first time in a decade, Apple was the most commonly traded international stock by clients, accounting for almost 7% of all international trades placed between 1 January and 30 April 2013.
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Social networking site Facebook has been ranked in second place. Google was the third most commonly traded international stock on the Barclays Stockbrokers International Trader platform.
On the appetite for it’s clients investing in the technology sector, Barclays Stockbrokers also informed that it found 81% interested in technology as an investment opportunity. This includes two fifths (40%) who already invest in technology and aim to seek further opportunities in the sector.
Almost a fifth (17%) of investors don’t currently invest in technology but are considering it for their portfolio, while a further 24% will monitor the sector for investment opportunities, according to Barclays Stockbrokers.
Barclays Stockbrokers head of products, Paul Inkster, said: "Despite a mixed set of first quarter results announced by some of the leading technology brands, demand for the technology sector is strong among our clients and has also been a popular choice for our International Trader clients in the first four months of the year."
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By GlobalData"Investor focus is on the sector once again as Facebook approaches the first anniversary of its IPO, and we expect to see further developments in the sector as brands continue to innovate."
