The security group G4S was one of the companies where a senior executive bought sharesSome of the most senior directors and entrepreneurs of Britain’s biggest companies have been buying up shares amid the stock market sell-off in a show of confidence that equities — and their companies — will bounce back from the coronavirus pandemic. The ratio of discretionary share purchases to sales by bosses is significantly above the five-year average for the FTSE All-Share. Those purchasing shares include executives at some of the country’s largest leisure chains, banks, consumer goods companies and telecoms groups who have been “looking through” Covid-19. The shares in the companies have continued to fall sharply since the purchases, which have been made in recent weeks, meaning many of the bosses are, at least for now, sitting on paper losses. The FTSE 100 premier

Source: The Times March 23, 2020 00:00 UTC