Greetham digs mining stocks in '07

According to Greetham, the UK stock market reflected the global trend, with quoted mining companies showing gains of 56pc, while bank stocks fell by 16pc. He attributed the inordinate impact of the latter's underperformance on overall returns to its large weighting in the index. However, Greetham claimed the listed property sector contained the worst-performing stocks in the UK. He explained: "While equities did deliver positive returns in 2007 - they finished the year up 11pc - the stock market indices were increasingly volatile and sector performance was very mixed. "Strong return...