BP continues to dominate investors attention

Paul Inkster, Head of Product, Barclays Stockbrokers, comments: "As BP continues to dominate the headlines, Barclays Stockbrokers' clients have been taking advantage of its share price fluctuations and trading the stock actively. On Friday 25 June, when the share price fell from 324p to 296p, BP accounted for 22.71% of all buy trades executed by Barclays Stockbrokers' clients over the course of the day. However, after the share price recovered slightly on Monday, less clients were buying - 'just' 14.9% of the total buys executed on Monday were in BP. On Wednesday this week, the share price rallied significantly again, moving above 330p. Sales of BP shares, as a proportion of total sell trades, increased from 4.92% on Tuesday, to 9.93% on Wednesday, as a result of the improvement in share price."