TD clients take a Direct Line on trades

Stuart Welch, CEO, TD Direct Investing comments:  "Direct Line Insurance Group (DLG) entered the TD top ten sells table in third position this week, after debuting on the London Stock Exchange on Thursday 11 October with its initial public offering (IPO). TD clients took the opportunity to trade shares in the insurance company, which were "priced to go" at 175p, and rose more than 7% to 188p in conditional trading. Meanwhile, the FTSE 100 finished 36.13 points lower than the previous week, closing Monday (15 October) at 5805.61.

"Sound Oil (SOU) also remained in the charts this week, occupying first and fifth positions in the buys and sells tables respectively, with a buy:sell ratio of 1.4:1 after the company confirmed permission had been granted to restart gas production at its Rapagnano field in Italy.

"Vodafone Group plc (VOD) was one of seven new entrants to the charts this week, entering the top ten buys in third position. TD clients seemed to take the opportunity to buy shares in the mobile communications company as they reached a low of 172.95p during the week ending Monday 15 October.

"Elsewhere, Burberry Group plc (BRBY) entered the sells table in eighth position following news that it experienced a total underlying sales rise of 8% to £883m in its first half to September 30, despite a slowdown in the UK and China. Following the announcement, Burberry's share price rose 12% on Thursday 11 October, reaching a week high of 1170.66p, but dropping again to close the period ending Monday 15 October at 1131.66p."

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.