Thomas Cook flies into top spot for TD client buys

Stuart Welch, CEO, TD Direct Investing comments: "Thomas Cook Group (TCG) flew into the top spot as a new entry to the TD clients' buys last week and moved up to fourth place on the sells. The IATA Airline Industry Forecast 2012 predicted a brighter year ahead for the industry after the travel company reported a £17m loss the previous week. The share price opened at 25.92p on Tuesday 4 December and closed on Monday 10 December at 37p. Thomas Cook Group accounted for 15.7 % of all top ten trades this week, with a buy:sell ratio of 1:1. Meanwhile the FTSE 100 finished 50.39 points higher than the previous week, closing Monday 10 December at 5921.63.

"Retailing giant Tesco (TSCO) entered the top ten sells in first place this week after announcing both a strategic review of its operation in the US as well as the departure of Tim Mason, who headed up the company's Fresh & Easy chain. The share price started week ending Monday 10 December at 322.30p, closing the period at 335.126p.

"Entering the TD buys at ninth place this week was Tullow Oil (TLW), with TD clients seeming to take the opportunity to buy the oil and gas company's shares after it reported its Zaedyus-2 appraisal well off the coast of French Guiana didn't find commercial hydrocarbons. Shares opened the week at 1370.59p on Tuesday 4 December and closed at 1253.575p on Monday 10 December."

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