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Top Ten Retail Investor Buys & Sells for week ending 6 April 2007

5th April 2007 Print
Angus Rigby, Chief Executive Officer, TD Waterhouse, commented: With Easter approaching Woolworths has been popular this week, not only for its seasonal confectionary but also attracting attention following the news that it could be subject to a competition probe by the UK Office of Fair Trading. The UK retailer may be forced to sell off Betram, the book wholesaler which it acquired in January amidst concerns that it will monopolise the sector with 40% of the market share. This would be a hard blow for the Company which has seen profits slump this year due to lagging DVD and book sales.

Telecoms giant Vodafone also enjoyed strong investor activity this week as the share price dipped by 4 per cent on last week after the Financial Times reports that Indian laws could bar its acquisition of Hutchison Essar. Vodafone agreed to buy two-thirds interest in Hutchison Essar from Hutchison Telecommunications International but the deal has been delayed by the Indian law ministry over a possible breach of foreign direct investment.

Top 10 Buys
1 Partygaming
2 Vodafone
3 Jessops
4 Woolworths Group
5 Tanfield Group
6 Oxford Biomedica
7 BP
8 Royal Bank of Scotland
9 Victoria Oil and Gas
10 Barclays


Top 10 Sells
1 Partygaming
2 Scottish power PLC
3 Vodafone
4 Scotland & Newcastle
5 BP
6 BT Group
7 Lloyds TSB Group
8 Jessops
9 Skyepharma
10 Royal Bank of Scotland