20 November 2009 / by Rebecca Sargent
TD Waterhouse customers turned to the telecoms and mining sectors last week, as both sectors accounted for 41 per cent of top ten trading activity.
Commenting, Angus Rigby, chief executive officer at TD Waterhouse said: “FTSE market volatility has presented trading opportunities to TD Waterhouse customers this week, with a surge of interest in the telecoms and mining sectors.”
Vodafone and BT shares accounted for 12 per cent of overall top ten buys and sells at the share dealing house last week as BT reached seventh place in the top ten sells.
Mr Rigby comments: “A hike in BT’s share price seems to have attracted customer interest – shares rose 2.75 per cent over the week after the firm announced second quarter revenue is in line with expectations.”
Meanwhile, TD Waterhouse share dealing customers continued to dig mining shares as the sector made up 29 per cent of the overall top ten trades.
Companies including Xstrata, and Russian-focussed gold miner Petroplavlovsk Solo Oil all contributed to this following increased interest.
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