Spread bettors have been piling into Ryanair as the budget airline’s shares fluctuate. The fall in the cost of crude oil has helped revive some investment demand for the Irish airline.
Ryanair is currently making up 7% of the total revenues traded on equities with paddypowertrader which Analysts put down to ongoing uncertainty in the commodities markets.
“Ryanair is attracting a lot of attention from smart traders. It seems like Irish retail investors are more comfortable trading airline shares instead of short selling oil prices at the moment. Volatility in commodity markets is driving more Irish spread bettors to dealing in airline shares.
“Ryanair, which has moved 1.03% today alone to sell at €2.58 is an extremely popular trade. However it seems the bulk of our clients believe the only way is up for the high flying airline. Most of those trades are long indicating good support for the airline” said Davin McAnaney of paddypowertrader.
Other Irish movers attracting attention are Allied Irish Banks and Elan Corporation. Elan has jumped 7.14% to €9.90 while AIB Bank is currently trading at €7.97 down 2.2%. Together the three Irish equities make up almost 38% of the total revenue traded in equities at paddypowertrader.
“This is a developing trend for us. It’s interesting to see Irish equities are dominating our trading balance. Irish clients, like most clients, do tend to trade what they are most familiar with, this is clear proof,” concluded McAnaney.
Risk Warning: Spread betting carries a high level of risk to your capital. You may lose more than your initial investment. It may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'Spread Betting on Irish Equities' by paddypowertrader, updated 27-Aug-08
For related pages also see:
Spread Betting Ireland, updated 20-Jun-08
Ireland's biggest bookmaker, Paddy Power has thrown its hat into the Financial Spread Betting ring and they've given us paddypowertrader....read article. Paddy Power Trader, updated 08-May-08
Paddy Power Trader account information and website review....read article. Paddy Power Trader Markets, updated 08-May-08
Paddy Power Markets. Plus Account Application and trading information....read article. Traders Sell Crude Oil, updated 19-Nov-08
Major client movement into crude oil as prices reach their lowest point since January 2007...read article. Wall Street Index Drops to 10000, updated 07-Oct-08
Spread bettors have been delving into the Wall Street (Dow Jones) Index as it dropped below the psychological barrier of 10,000 points at 3pm on Monday. Shortly after the markets opened in the US the...read article. Paddy Power Trader Prices, updated 30-Sep-08
Paddy Power Trader Prices: A range of sample paddypowertrader Spreads / Prices from Gold to Crude Oil to the FTSE and GBP / USD...read article. Fashionable Gold Traders, updated 26-Sep-08
Most investors may not turn up to work sporting a lot of bling however it looks like gold is indeed back in fashion. Gold trades are up a whopping 266% in the last...read article. Storm Clouds, Spread Betting and Banking Equities, updated 18-Sep-08
An interesting report from paddypowertrader has come in. Despite spread betting having a reputation for catching investors out in extremely volatile markets the Irish firm has reported a 110%...read article. paddypowertrader offer, updated 08-Oct-07
paddypowertrader offer...read article. paddypowertrader, updated 08-May-08
We try not to add too many spread betting press releases but you might just find the following article / research interesting....read article. Crude Oil Trading Opportunities, updated 22-Aug-08
Crude Oil has been yo-yoing in for the last couple of days presenting spread bettors with plenty of opportunities according to...read article. Irish Investors Pile into Crude Oil, updated 20-Jun-08
Crude prices have fluctuated widely since they surged nearly $11 in a single session to a trading record above $139.9 in early June. The cost of crude has been a hot topic on the agenda internationally with transport strikes occurring across Europe. Some investors believe prices...read article. Spread Betting on Fannie May, updated 10-Sep-08
News of the US government decision to take over mortgage giants Fannie Mae and Freddie Mac has had an early effect on the volume of trades by spread bettors at...read article. Spread Betting on Irish Equities, updated 27-Aug-08
Ryanair is currently making up 7% of the total revenues traded on equities with paddypowertrader which Analysts put down to ongoing uncertainty in the...read article. paddypowertrader Crude Oil Seminar, updated 04-Jul-08
paddypowertrader is holding a free seminar: 'Oil - holding the world to ransom?' on July 19th at the Radisson SAS St Helens in Stillorgan, Dublin 4. The key topic will be the role of oil on the world markets and its effect on the global economy. The event is designed to...read article. Banking Shares with Paddy Power Trader, updated 08-May-08
We have seen a large increase in bets on financial equities. At the top of the list are Barclays, Alliance & Leicester, RBS and...read article. paddypowertrader Forex Volatility, updated 08-May-08
During March we have seen incredible drama on the international markets. All time highs in the international FX markets are leading clients to switch to...read article. Spread Trading Irish Shares, updated 18-Apr-08
Earlier this week clients were buying US tech shares, pretty flat on US blue chip equities and selling the FTSE. However also looking popular are Irish banking stocks such as AIB, Bank of Ireland and Anglo...read article. Irish Traders Focus on Commodities Spread Betting, updated 02-May-08
We can see many spread bettors moving into commodities in order to take advantage of the bull market in that area at the moment. Financial spread betting is all about developing understanding and using it to the advantage of your trading. paddypowertrader account holders have also delved into markets such as soya-bean...read article. Paddy Power Offer, updated 08-May-08
We are offering the ultimate Paddy's weekend for new paddy power trader account holders to win an all expenses paid VIP trip for 2 to London on March 14th to experience the most exciting rugby match of the...read article. Banking Stocks Spreads with paddypowertrader, updated 29-May-08
As the global credit crunch continues, many banks are announcing discounted rights issues. The mixed forecasts in the banking sector have highlighted banking equities, particularly Irish banking equities, as a growth area for...read article. Paddy Power Trading Equities, updated 19-May-08
Paddypowertrader has been tracking the movements of its client base over the past week to reveal startling retail investment trends. Paddypowertrader has seen indices such as FTSE and Dow Jones jostle for position to become...read article. The Dumbest, Silliest and Funniest Spread Trade, updated 08-May-08
paddypowertrader recently launched competition for clients. It was a pretty straightforward competition. Simply tell them your dumbest, silliest and funniest trade ever. And the winner is...read article. Paddy Power Spread Betting, updated 08-May-08
Volatile markets have improved the trading performance over at paddypowertrader.com. Recent international market turmoil has seen in an emergency Federal Reserve rate cut in the US and a Rogue Trader lose €4.9bn (£3.7bn, $7.1bn) for Societe Generale in France....read article. paddy power trader - Short Trading, updated 08-May-08
Whether the new paddy power trader advert appeals to traders and private investors remains to be seen. Either way it looks like paddy power are back to their best at putting out adverts that tread a fine line....read article. Ireland Spread Betting, updated 26-Oct-07
Spread betting has become increasingly popular in Ireland due to the opportunity it provides to make good short term profits. In fact, the Ireland spread betting phenomenon has increased so much in popularity that the traditional stock market has...read article.
Q) Average Trading Results?
A) Get free spread betting tips, offers, price updates, important news and more! All Free - Click here!
Risk Warning: Spread betting carries a high level of risk to your capital and you may lose more than your initial investment. It may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
* Tax law is subject to change or may differ if you pay tax in a jurisdiction other than the UK.
