31 July 2009 / by Rebecca Sargent
Lloyds shares remained at the top of TD Waterhouse’s share dealing charts last week, accounting for 28 per cent of its top 10 trades.
Last week was a busy share dealing week at TD Waterhouse overall, as its trading activity increased by 20 per cent compared to the week before, while trading acticity in Lloyds bank increased by 29 per cent over the same period.
Vodafone crept into the top three sells at the share dealing company, as investors sought to cash in on its recent share price hike, commenting, Angus Rigby, chief executive officer at TD Waterhouse said:
“Our customers switched strategy with Vodafone this week as the telecoms giant made its way into third position in the sells table after being last week’s fifth most popular buy. Customers may have been seeking to cash in on the mobile network operator’s recent share price rise.”
In fact, Vodafone shares peaked at 121.4p last Friday, up 4.22 per cent since the week before as the company reported a 9.3 per cent increase in revenues for the second quarter of 2009.
Other popular shares included water supplier United Utilities, which made its first appearance in the top 10, while international directories company Yell appeared in both the top buys and sells as TD Waterhouse customers displayed mixed feelings over its shares.
© Fair Investment Company Ltd