Top Ten Retail Investor Buys & Sells for week ending 5 October 2007
Angus Rigby, Chief Executive Officer, TD Waterhouse, commented: The financial services sector continues to dominate the top 10 buys and sells this week with Northern Rock, Bradford & Bingley, Barclays, Royal Bank of Scotland, Alliance & Leicester and Lloyds TSB all featuring. For the third week in a row, Northern Rock has been the most traded stock by our customers.Northern Rock is currently in talks with a number of potential parties to discuss the future of the company. News of potential rescue attempts lifted the company’s hard-hit shares by over 14 per cent on Wednesday. As a result the Newcastle based building society was the biggest riser in the FTSE 100, advancing 6.5 per cent to close at 161.7p on Thursday.
Elsewhere in the financial services sector, share prices rose by 6.6 per cent at Royal Bank of Scotland this week. Barclays and Alliance & Leicester also experienced increases by 9.49 per cent and 3.47 per cent respectively. Prices at Bradford & Bingley had fallen by 12p in the week when they closed on Thursday at 304.75p.
Our customers also took the opportunity to increase exposure in Tate & Lyle, with the sugar manufacturer reaching number two on the top buys list. Since last Friday's shock profits warning, which saw shares in the sugars and sweeteners company drop 28 per cent, Tate has recovered 12 per cent.
TD Waterhouse Top Ten Retail Investor Buys & Sells for week ending 5 October 2007
Top 10 Buys
1 Northern Rock
2 Tate & Lyle
3 Bradford & Bingley
4 Barclays
5 Royal Bank of Scotland
6 Partygaming
7 BP
8 BHP Billiton PLC
9 Alliance & Leicester
10 Victoria Oil & Gas
Top 10 Sells
1 Northern Rock
2 Barclays
3 Royal Bank of Scotland
4 Partygaming
5 British Airways
6 Alliance & Leicester
7 Lloyds TSB
8 Bradford & Bingley
9 Tate & Lyle
10 Tesco
TD Waterhouse Top Ten buys and sells are measured as the number of trades carried out in each stock over the previous 7 days.