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Lloyds & Barclays dominate TD Waterhouse share dealing

07 August 2009 / by Rebecca Sargent

Shares in Lloyds and Barclays continued to sweep the floor at TD Waterhouse last week as customers rushed to buy and sell shares ahead of results week.

TD Waterhouse share dealing customers rushed to snap up shares before Lloyds Banking Group announced its results, with Lloyds share buys 25 per cent higher than sells.

In fact, shares in Lloyds Banking Group accounted for 22 per cent of the overall top ten buys and sells prior to its announcement of a £4billion loss, announced by the group on Wednesday.

In contrast, Barclays announced profits of £3billion on Monday, which pushed its share price up prompting TD Waterhouse customers to sell, commenting, Angus Rigby, chief executive officer at TD Waterhouse said:

"Sells in Barclays were up 54 per cent compared to last week. The bank's £3billion profits announcement caused its share price to jump more than 14 per cent over the week, giving some customers a chance for serious profit taking."

Shares in the UK banks remained the most popular at TD Waterhouse even after the half year trading results were announced, "giving TD Waterhouse customers an opportunity for some well timed trades."

Find out more about TD Waterhouse share dealing – Trades start at £9.95.

© Fair Investment Company Ltd


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