Shares in Lloyds Banking Group have topped trading activity at TD Waterhouse yet again as banking season kicks off and bankers give up their bonuses.
According to the share dealing house, Lloyds Banking Group accounted for 23 per cent of all trades over the last week at TD Waterhouse. Commenting, Angus Rigby, chief executive officer said:
"Lloyds Banking Group was the most popular trade overall, after its chief executive, Eric Daniels, became the latest banker to surrender his £2.3million payout for the second consecutive year – following competitors Barclays and Royal Bank of Scotland."
Trades in Barclays shares followed close behind, accounting for 21 per cent of trades after the bank posted better than expected profits before tax last week.
Overall, the banking sector accounted for 59 per cent of all top ten buys and sells at TD Waterhouse share dealing. However, investors were also looking to the mining sector.
Mr Rigby adds: "TD Waterhouse customers also kept a close eye on the mining sector, which accounted for more than a third of the overall top ten. Desire petroleum climbed to third and fifth place in the top ten buys and sells respectively – holding more than a quarter of the top ten mining trades."
Click to learn more about TD Waterhouse share dealing - from just £9.95!
© Fair Investment Company Ltd