Investors get mobile
Stuart Welch, CEO, TD Direct Investing comments on the key findings from investor client buys and sells: "TD clients got mobile this week, making Vodafone Group (VOD) their top sell and fourth most popular buy, trading at a ratio of 1:1.4. This follows further speculation that the telecom giant's shares may be taken over by Verizon Communications Inc. Vodafone and China Mobile Limited also announced that they have signed an agreement to form a consortium to bid for a mobile telecommunications licence in Myanmar.
"UK house builder Taylor Wimpey (TW) makes only its second appearance in our clients top buys this year as shares in the housing sector fell on the back of weaker than expected construction data last week. Taylor Wimpey stock fell over 8% from 2-8 April despite positive news that the housebuilder had received upgrades from Moody's and Credit Suisse on the back of the Government's plans for a new ‘Help to Buy' scheme.
"Meanwhile, TD clients refreshed their International trade preferences with Coca-Cola Co (KO.) entering the buys table in eighth spot. The fizzy pop giant announced plans to increase investment in Indonesia as consumption and income levels grow in the world's fourth most populous country."
The value of your investments can go down as well as up. You may not get back all the funds that you invest.
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