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Share dealing customers splash out at TD Waterhouse

30 October 2009 / by Rebecca Sargent

Buying was the strategy of choice for share dealing customers at TD Waterhouse last week, with a buy to sell ratio of two to one.

According to Angus Rigby, chief executive officer at TD Waterhouse, "Last week's tables marked a shift in sentiment with adventurous customers looking to new stocks in the hope of making future profits."

In fact, in the last week, share dealing customers have been even more active, buying up 19 per cent more shares compared to the week before.

Mining stocks saw a hive of activity, with Beacon Hill Resources becoming the latest new stock to enter the TD Waterhouse top ten charts, following news that the company has raised £725,000 before expenses in a share placing with new and existing shareholders.

Other mining companies to make it into the top ten included the old favourite Kazakhmys, which sits in both the top ten buys and top ten sells, following some share price volatility.

Meanwhile mining giant Xstrata climbed three places in the buys following its abandonment of a merger deal with mining rival Anglo American.

Banking shares in Lloyds and Royal Bank of Scotland continue to hold first and second place in both the top ten buys and sells at TD Waterhouse.

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