Lloyds shares proved popular with investors at TD Waterhouse share dealing this week as banking shares maintained their dominance in buys and sells.
Climbing three places, Lloyds Banking shares became the biggest buy of the week – accounting for 31 per cent of the top ten buys – as investors appeared to capitalise on its share price falling by 9.55 per cent to a seven month low, while it also retained its position as the best selling trade.
In addition, Barclays' shares also performed well moving up several places to hold second spot in the top buys and sells, as Royal Bank of Scotland completed the top three in both the buys and sells.
Commenting, Angus Rigby, chief executive officer at TD Waterhouse said: "Lloyds Banking Group (Lloyds) spurred a hike in trading activity this week, with customer buys accounting for more than two-thirds (70 per cent) of the top ten trades, and overall trading activity of the most popular stocks increasing 53 per cent on the previous week."
Meanwhile, house builder Barratt Developments entered the top ten buys – reaching eighth place – as its share price fell amid news that UK homeowners were being warned that the value of their properties would only see a small increase over the coming year, while insurance provider Aviva reached seventh spot following its share price falling in light of a reported 25 per cent drop in UK sales.
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