TD client trades steady despite global power shifts

Stuart Welch, CEO, TD Direct Investing comments: "Following the US elections last week, this week sees another global power shift with the Chinese leadership handover. In the run-up to this political change, BG Group (BG.) and Lloyds Banking Group plc (LLOY) remained the top choice for TD clients, occupying the top spots in TD's top ten buys and sells tables for the second week respectively. In second place on both tables was Barclays plc (BARC), accounting for 13.5% of all top ten trades, with a buy:sell ratio of 1.3:1. Meanwhile, the FTSE 100 finished 71.79 points lower than the previous week, closing Monday (12 November) at 5,767.27.

"Caza Oil & Gas, Inc (CAZA) was a new entry from the energy sector this week, occupying the sells table in joint fifth position, after it unveiled positive findings from a new well in New Mexico, USA. Shares in Caza jumped from the previous month, increasing by 142.5% since October 6 2012, after Chairman John McGoldrick said its success was the result of new fracking techniques, closing the period (12 November) at 21.37p.

"Another new entrant to this week's top 10 tables was Balfour Beatty plc (BBY), entering the buys in seventh position after issuing a profits warning and saying it could be forced to close some of its European construction operations. Balfour Beatty saw its share price drop 71.59p after saying the construction sector's weakness in Britain and the US, and poor conditions facing its European rail operations, would mean profits for 2012 would be lower than expected, closing the period (12 November) at 238.51p."

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.