The execution-only broker has polled its user base and found that 30% were planning to change their behaviour or already were changing it, as a result of the snap election.
A third (33%) of the broker’s customers expected the election to affect the stock market negatively, while just 25% thought it would have a positive impact.
The broker’s clients declared themselves as largely Conservative voters, with 78% seeing Theresa May as the best prime minister of the party leaders and 64% planning to vote tory at the election.
Richard Stone, chief executive of The Share Centre, said:
“Investors dislike uncertainty and it is perhaps unsurprising therefore that almost one in three are already changing their investment behaviour or are planning to do so as the election nears.
“However, we would caution against kneejerk reactions. While the political discourse over the next few weeks may have an influence on sectors and individual stocks – as we have recently seen with energy companies falling in the wake of the Conservatives’ proposals to cap energy prices – proposals may be watered down or indeed not be implemented at all.
“As we have seen with previous political events, investors may prefer to look out for opportunities on the buy side in the immediate aftermath of the election.”
