Barclays remains top trade as newcomers enter TD tables

Stuart Welch, CEO, TD Direct Investing comments: "As visitors entered the UK as sports spectators, we also saw new entries in the TD tables, with a total of seven new entrants appearing in this week's top ten trades. Barclays (BARC) remained the dominant trade, accounting for more than a quarter (26.7%) of all top ten trades and occupying the top buy for the fifth week in a row. Meanwhile, Hibu Plc (HIBU), formerly known as Yell Group Plc, was a new entrant in fifth place in the buys table following the announcement at its AGM of approval to change the name of the Group to Hibu plc. Elsewhere the FTSE 100 increased over 194 points to close the week ending Monday 30 July at 5693.63.

"ARM Holdings plc (ARM) entered the sells table in eighth place this week, following an announcement that the firm, which designs the microchips used in nearly every mobile in the world, had achieved a 23% boost to second quarter profits. The company saw its share price rise 51.9p, from open on Monday 23 to close on Friday 27 July, following the news that it had pre-tax profits of £66.5m on sales of £135m for the three months to the end of June, beating analysts' forecasts.

"Pace Plc (PIC) was another newcomer to the sells table this week, entering in 10th place following the board's declaration of an interim dividend of 1.44 cents (USD) per share, an increase of 15% in line with the dividend policy introduced in 2009. The technology developer for pay TV and broadband service providers saw its share price rise 32.5p to close the week ending Monday 30 July at 153.5p."