TD clients play Zynga shares
Stuart Welch, CEO, TD Direct Investing comments on the key findings from TD client buys and sells for week ending 4 March 2013:
"In our international tables, Zynga (ZNGA) drew the attention of our clients following approval by New Jersey authorities to allow real-money online gambling. The world leader in social gaming represented almost 10% of all TD client international trades (9.9%) and had a buy:sell ratio of 1.47:1 in the week ending 4 March.
"TD's UK Top Ten trades continue to focus on the resources sector with two new entries this week. British oil services company Petrofac (PFC) saw its shares slip after its 2013 guidance was claimed to be too vague and took joint sixth place in the buys.
"Sunkar Resources (SKR) also appeared as a new entry in the TD UK Top Ten this week as the mining group unveiled the positive results of a study on its Chilisai Phosphate project in Kazakhstan. Sunkar entered the table in 10th - the share price started the week at 4.25p, increased by 269% to reach a high of 15.7p, then came down slightly to close the week at 10.95p."
The value of your investments can go down as well as up. You may not get back all the funds that you invest.
The potential for profit or loss from transactions on international markets or in foreign denominated currencies will be affected by fluctuations in exchange rates.
For more information clients can log on to tddirectinvesting.co.uk.