Lloyds and Barclays remain top shares for TD Waterhouse but mining shares dig in

19 June 2009 / by Rebecca Sargent
Shares in Lloyds, Barclays and RBS remained top of the share dealing charts at TD Waterhouse last week, but competition from the mining industry is creeping in.

In fact, according to the statistics, mining shares accounted for 25 per cent of the most popular trades at TD Waterhouse last week, representing 31 per cent of overall top ten buys, and 17 per cent of top ten sells.

Commenting, Angus Rigby, chief executive officer at TD Waterhouse said: "Recent mining stock price hikes and speculation of a commodity price revival appears to have spurred a bout of profit taking."

Speaking of the week's share trading at the Share Centre, market strategist Joshua Raymond said: "Trading has lacked energy this week, with summer holidays and the end of the quarter approaching there is a fear that investors will start to shut up shop and walk away.

"We are looking towards the next earnings season as the next carrot for investors and if the market continues without returning to the May highs, the more important the next earnings season becomes."

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