Standard Chartered is top ten trade for TD clients

Stuart Welch, CEO, TD Direct Investing comments: "Standard Chartered plc (STAN) entered at the top of both the buys and sells tables this week, accounting for nearly a third (29.3%) of the top ten trades overall. TD clients took the opportunity to buy and sell shares in the banking giant at a ratio of 1.7:1 as it remained the focus of a Department of Financial Services investigation in the US. Standard saw its share price recover slightly throughout the week to close at 1,338.2p on Monday 13 August, while the FTSE 100 also closed slightly higher, finishing the week at 5,831.88.

"Sareum Holdings plc (SAR) was one of nine newcomers to the tables this week, occupying second place in the buys table and sixth spot in the sells with a buy:sell ratio of 1.2:1. The pharmaceutical company saw its share price rise 124% in the week ending Monday 13 August to 1.4p after confirming it was in advanced talks over a possible licensing deal for one of its research programs.  

"Elsewhere, Heritage Oil plc (HOIL) entered the buys table in joint eighth place, with its shares jumping 37.45p to 159.9p between the resumption of trading in the oil and gas explorer on Tuesday 7 August and close of play on Monday 13 August. Trading in Heritage was halted at the start of July when the group announced it was acquiring assets in Nigeria.

"Solo Oil plc (SOLO) was another new entrant, taking 10th position in the buys following a funding update from the company, which has raised £1.5 million through the issue of 500,000,000 new ordinary shares at a price of 0.3p per share."

The value of your investments can go down as well as up. You may not get back all the funds that you invest.

For more information clients can log on to tddirectinvesting.co.uk.