21 July 2009 / by Rebecca Sargent
Aviva claimed third place in the TD Waterhouse top ten bought trades last week, joining Lloyds and Royal Bank of Scotland in the top three.
Shares in the insurance, investment and pension giant were snapped up by TD Waterhouse share dealing customers as its share price tumbled last week.
Commenting, Angus Rigby, chief executive officer at TD Waterhouse said: “The UK’s largest insurer, which made a point of holding its dividend when it reported full year results in March, saw its shares tumble 17.5p to 315p.”
He added, “Its share price fell further last Monday, offering the savvy investor some interesting buying opportunities.”
Rival insurance giant Legal & General also made the top five buys in the share dealing charts.
Meanwhile, Barclays, which was pushed out of the top ten buys altogether last week, made a come back at number six; Mr Rigby comments: “Banking giant Barclays also returned as the sixth most popular buy among TD Waterhouse customers after dropping off the table last week.
“However, the 70 per cent state-owned bank retained its position as the top selling stock for the second consecutive week, with sells outweighing buys by just over 2:1,” he adds.
Barclays’ shares also received a boost last Monday as the bank confirmed its appointment of former Citigroup banker Mark Todd as managing director of BarCap, the banks investment banking arm.
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