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Security company G4S locks investor interest

16th May 2013 Print

Stuart Welch, CEO, TD Direct Investing comments on investor interest in a mixed bag of global companies: "The spotlight fell on G4S (GFS) last week after it announced on 7 May that its profit margin had fallen. However, there was some good news for the world's largest security company after its share price rose from a low of 246.80p on Friday 10 May to close the week at 255.287p. This was off the back of a series of new business wins and hopefully helps G4S put the debacle of last year's security arrangements for the Olympics behind it.

"Quindell Portfolio (QPP) was the most popular buy of the week for our clients, and their sixth most popular sell. The insurance services group experienced an unexplained drop in share price - despite announcing a lift in profit on 7 May. Starting the week at 13.265p, the shares fell to a low of 5.4p on Friday 10 May, recovering slightly to close the week at 7.257p on Monday 13 May.

"In our international tables, Affymax, Inc. (AFFY) experienced steady trading by TD clients, appearing as an equal third most popular buy and sell, with a buy:sell ratio of approximately 1:1. The biopharmaceutical company recently announced significant losses following the recall of its drug, Omontys."