The Weekly Top 10 Share Buys and Sells - 23 Feb 10
The Top Ten buys and sells are measured as the total number of trades carried out in each stock by TD Waterhouse clients over the previous 7 days.
This report is not a recommendation to buy or sell these stocks.
Top Ten Buys
Top Ten Sells
1
Lloyds Banking Group
Barclays
2
Barclays
Lloyds Banking Group
3
Desire Petroleum
Royal Bank of Scotland Group
4
Royal Bank of Scotland Group
Xstrata Plc
5
Solo Oil
Desire Petroleum
6
Rockhopper Exploration
Solo Oil
7
Xstrata Plc
Kazakhmys
8
BT Group
Gulf Keystone Petr
9
GlaxoSmithKline
Rio Tinto
10
Nighthawk Energy
BT Group
Advert:TD Waterhouse Spread Betting "There is no great mystery why there are now an estimated 250,000 individuals who are Spread Betting in the UK. Financial Spread Betting is quick, flexible and easy to use. Benefits include...
Spread Betting Review
“Overall trading volumes increased slightly (4%) on last week as the banking sector dominated (59%) the top ten following a series of high profile bankers waiving their contractual bonuses for the year.
“Lloyds Banking Group was the most popular trade overall accounting for 23%. This came after its chief executive, Eric Daniels, became the latest banker to surrender his £2.3 million payout for the second consecutive year – following competitors Barclays and Royal Bank of Scotland.
“Trades in Barclays followed closely, accounting for 21% after the banks chief executive, John Varley, and president, Bob Diamond, lead the wave of the bonus forfeiting. This was despite the bank meeting its targets for last year and reporting better than expected profits before tax last week.
“TD Waterhouse customers also kept a close eye on the mining sector, which accounted for more than a third (35%) of the overall top ten.
“Desire Petroleum climbed to third and fifth place in the top ten buys and sells respectively – holding more than a quarter (26%) of the top ten mining trades.
“The British exploration company accounted for 13% of the overall top ten buys as it began drilling at its first well offshore of the Falkland Islands. This came despite protests from Argentina, which first waged war on Britain back in 1982 over the sovereignty of the Malvinas region. Drilling the 3,500 metre well at project ‘Liz’ is estimated to last for 30 days.
“Pharmaceutical giant GlaxoSmithKline reached ninth place in this week’s top ten buys as customers took advantage of a 35.50p drop in its share price over the week. Shares fell on Monday on the news that it has run into problems with its diabetes drug Avandia.
“A report released by the US Senate points to studies conducted by the US Food and Drug Administration (FDA) calling for the treatment to be taken off the market due to a possible link to heart illness – a claim strongly refuted by Glaxo.
“However, sales of the drug have been heavily hit since the news broke on Monday. This is the latest controversy to affect Glaxo after it was left defending its bestselling asthma drug Advair. This came when the FDA proposed changes to the labelling system of asthma medications which contain long-acting beta-agonists (LABAs) last week. The US regulator advises against prolonged use of LABAs.”
The above content does not constitute investment advice. This report is not a recommendation to buy or sell these stocks. Neither Online-Spread-Betting.com nor TD Waterhouse accepts any responsibility for any use that may be made of the above.
Advert:TD Waterhouse Spread Betting "There is no great mystery why there are now an estimated 250,000 individuals who are Spread Betting in the UK. Financial Spread Betting is quick, flexible and easy to use. Benefits include...
Spread Betting Review
Note - Spread Betting carries a high level of risk to your capital and you can lose more than your initial investment, it may not be suitable for all investors. Ensure you only speculate with money that you can afford to lose and that you fully understand the risks involved and seek independent financial advice where necessary.
'UK Share Trading Index 2010 - Week 8', Feature by D. Jones, last update: 23-Feb-10
Related articles:
UK Share Trading, 12-Oct-10,
The UK share trading update - the Top Ten buys and sells carried out by TD Waterhouse clients over the last 7 days plus commentary from TD Waterhouse CEO on...see: UK Share Trading
UK Shares Trades, 5-Oct-10,
UK Shares Trades: UK Shares News - a look at the Top 10 UK shares that have been bought and sold over the last week plus commentary from CEO of TD...see: UK Shares Trades
UK Share Trading Index 2009 - Week 49, 1-Dec-09,
The mining sector, accounted for more than a quarter (26%) of the top ten buys and sells. Gulf Keystone Petroleum was the most popular mining stock, reaching fourth place in both the buys and sells tables after it reported...see: UK Share Trading Index 2009 - Week 49
UK Share Trading Index 2009 - Week 48, 24-Nov-09,
Lloyds Banking Group remains the most popular sell as shareholders mull the banks upcoming £13.5bn rights issue in a desperate bid to escape the Government's £260bn Asset Protection Scheme. The banking giant accounted for a...see: UK Share Trading Index 2009 - Week 48
UK Share Trading Index 2009 - Week 44, 27-Oct-09,
Old favourite Kazakhmys re-entered the buys at ninth place (and 10th in the sells) after a one week absence. The international mining and metals company has seen some volatility in its share price over the past few weeks, which could explain why the company sits in both buys and sells tables. Kazakhmys nursed a loss on...see: UK Share Trading Index 2009 - Week 44
UK Share Trading Index 2009 - Week 43, 20-Oct-09,
This week's top ten trades suggest our customers have been looking to refresh their investment portfolios with new stocks entering the tables from other sectors also. Oil and gas company Nostra Terra is a new entrant in this week's tables with a buy to sell ratio of nearly 2 to 1. The company was...see: UK Share Trading Index 2009 - Week 43
UK Share Trading Index, 21-Oct-10,
UK Share Trading Index: Index of UK shares trading articles with the weekly UK share Top Ten Buys and Sells from TD Waterhouse...see: UK Share Trading Index
Looking to improve your trading results? Get free trading tips and trading analysis as well as the latest trading offers »
Trading News.
Risk Warning:
Spread Betting carries a high level of risk
to your capital and you can lose more than your initial investment,
it may not be suitable for all investors. Ensure you only
speculate with money that you can afford to lose and that you fully
understand the risks involved and seek independent financial advice where necessary.
Disclaimer:
Online-Spread-Betting.com does not endorse the information and
analysis available on this site. It is provided purely for information
purposes and is delivered as a personal view of the writer. Under no circumstances
is the information hereon to be used or considered as, an offer to sell, or a
solicitation of any offer to buy. The website content does not constitute investment
advice and neither the individual contributor nor Online-Spread-Betting.com accepts any
responsibility for any use that may be made of the content.
* Tax Free Trading:
Tax law is subject to change. It may also differ if you pay tax in a jurisdiction outside the UK.
