profit taker

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  • noun

Words related to profit taker

someone who sells stock shares at a profit

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InterContinental Hotels and Rio Tinto had risen strongly on Wednesday but profit takers moved in yesterday, pushing InterContinental Hotels' share price down 32p to 1340p and Rio Tinto's shares down 70p to 3501p.
Profit takers swooped on oil giant Royal Dutch Shell today as a new benchmark for UK corporate earnings failed to set pulses racing in London.
However, profit takers pounced on cigarette makers with British American Tobacco heading the Footsie fallers - off 24.
But insurers fared less well as profit takers moved into the sector following a recent strong run.
AstraZeneca suffered as profit takers cashed in and it slipped 1.
Profit takers took their cues from the Nikkei's rise to 10,221.
Domestic institutions and local retail investors were seen net profit takers this week which saw Mannai Corporation seeking to raise funds up to $600mn from international debt market in order to part fund its expansion strategy.
Enthusiasm that had driven the Footsie to gains of 50 points and its highest level for more than five years started to wane during the afternoon yesterday as profit takers moved in.
Oil prices above 61 dollars a barrel provided the platform for profit takers to seize control of the FTSE 100 Index, which retreated in early trading.
PROFIT takers pounced on blue-chip stocks as a downbeat opening on Wall Street sparked a late sell-off on this side of the Atlantic.
Trading was dominated by a tough session for retailers, after high street favourite Marks & Spencer saw profit takers move to cash in on the stock's recent strength, causing its shares to tumble 7%.
Profit takers cashed in their gains from Shell shares, which were 23p lower at 560p after the world's second largest oil company unveiled record profits for the fifth quarter in a row.
Profit takers moved in when the FTSE 100 Index looked set to breach the 5100 barrier for the first time in three years, but it failed to take the shine off a positive session overall.
5p at 227p, but profit takers were also targeting the stock after earlier strong gains on the back of a 23% rise in half year profits.
The UK FTSE100 Index touched a sixmonth closing high on June 20, but has since fizzled out as profit takers have stepped in.