TD Waterhouse UK

TD Waterhouse UK

August 05, 2011 03:30 ET

Financial Stocks Remain in Spotlight

TD Customers Focus on Big Reporting Week for Britain's Banks

LONDON, ENGLAND--(Marketwire - Aug. 5, 2011) - Darren Hepworth, Trading and Customer Services Director, TD Waterhouse comments: "Lloyds Banking Group (LLOY) was back at the summit of our customers' most popular buys and sells tables this week, accounting for nearly 30% of the top ten buys in the week ending Tuesday, 2 August. Britain's other banking giants also remained in focus against a backdrop of the last minute decision to raise the debt ceiling in the US and a week dominated by their interim results announcements. Meanwhile, buys in total increased by 44% on last week as the FTSE 100 finished the week at 5,718."

The Top 10 Retail Investor Buys and Sells for week ended 2nd August 20111

TOP TEN RETAILER BUYS TOP TEN RETAILER SELLS
This week Company Last week This week Company Last week
1 LLOYDS BANKING GP 2 1 LLOYDS BANKING GP 1
2 BARCLAYS 1 2 BARCLAYS 2
3 AVIVA 8 3 ROYAL BK SCOT GRP 3
4 CENTAMIN EGYPT - 4 VODAFONE GROUP -
5 ROYAL BK SCOT GRP 3 5 GULF KEYSTONE PETR 5
6 XSTRATA PLC - 6 BERKELEY MINERAL R -
7 TESCO - 7 CENTAMIN EGYPT -
8 RANGE RESOURCES 6 8 XCITE ENERGY LTD 6
9 BP 7 9 RANGE RESOURCES 8
10 GULF KEYSTONE PETR 4 10 SOUND OIL 10

Darren Hepworth continues: "While Lloyds Bank took top spot in both the top ten buys and sells this week ahead of reporting its annual results today; Barclays (BARC) was not far behind, taking second in both tables. Analysts broadly welcomed Barclays' interim results, which were released on Tuesday (2 August), as they exceeded expectations, despite the company's profit having dropped 38% during the first half of the year, compared with the same period in 2010. Royal Bank of Scotland Group (RBS), which will report its own interim results on Friday (5 August), dropped from third to fifth in the buys table and remained in third position in the sells.

"Centamin Egypt (CEY) was this week's most notable new entrant as the miner entered the top ten buys table in fourth place and the sells in seventh. The value of the Egyptian top ten favourite plunged on Tuesday (2 August) after it announced it had been unable to avoid the impact of the civil unrest in the Middle East earlier this year, and would produce less gold than expected as a result. Second quarter production was below market expectations and the company warned that the outlook for 2011 as a whole could prove equally disappointing. The gold miner's shares closed at 109.6p on Tuesday (2 August) having closed the previous night (Monday 1 August) at 137.8p - a drop of over 20%.

"Sixth place in the sells table was taken by fellow miner and new entrant, Berkeley Mineral Resources (BMR). The mineral processing company told investors last Thursday (28 July) that the central part of the Kabwe tailings, which it bought last month, has much higher lead grades than historic assessments.

"Away from financial and mining stocks, insurance giant Aviva (AV) moved up the buys table from eighth to third position this week ahead of its interim results announcement today. Investors appeared to be looking to buy the stock as analysts predicted the group's operating profits for the first six months of 2011 will exceed the £1.27bn made in the same period last year.

"Tesco (TESC) was a new entry this week, entering the buys table in seventh place, as it announced it had signed an eight year deal with Microsoft that will give the supermarket giant access to the latest versions of Microsoft products and services."

The value of your investments can go down as well as up. You may not get back all the funds that you invest.

TD Waterhouse is the UK's leading execution only broker2 with trading rates starting from £8.95. Only 15 or more eligible trades per quarter are required to qualify for TD Waterhouse's frequent trader rates3.

For more information customers can log on to www.tdwaterhouse.co.uk

To view the Share Price Performance chart for Lloyds Banking Group (27 July-02 August 2011), please visit the following link:

http://media3.marketwire.com/docs/lloyds805a.jpg

Notes to editors

Footnotes

1: The Top Ten Buys and Sells should not be taken as a recommendation to buy or sell any particular bond or stock, and it is not intended to offer any form of advice. Instead it is simply an indication of the general buying and selling trends amongst some TD Waterhouse customers, observed during the period stated.

2: Source: Compeer based on daily average retail trades for TD Waterhouse including its white label partners, as at June 2011.

3: TD Waterhouse trading rates:

Platform Frequent trader
Applicable after 15+ trades per quarter
Standard
Online £8.95 flat rate £12.50 flat rate
Telephone The appropriate Online rate plus an additional £30 is payable on all Telephone Trades
Certificated The appropriate Online or Telephone rate plus an additional £40 is payable on all Certificated Trades

TD Waterhouse Frequent Trader Commission Rates

Frequent Trader Commission Rates work on a rolling monthly cycle, based on the number of trades executed in the preceding 3 calendar months. If you complete 15 or more eligible trades in the preceding qualifying 3 month period you will qualify for our Frequent Trader Commission Rates, from the start of the next month. For more information customers can log onto tdwaterhouse.co.uk.

TD Waterhouse - award winning service:

  • MoneyAM Online Finance Awards 2011
    • Best Online Execution-Only Broker (winner)
    • Best Online Overseas Trading Platform (winner)
  • FT Money / Investors Chronicle Awards 2010
    • Best Stockbroker for International Share Dealing (winner, 2nd year running)
    • Execution-Only Stockbroker of the Year (winner)
    • Online Stockbroker of the Year (winner)
    • Best Stockbroker for Costs (winner)
  • Daily Telegraph Wealth Management Awards 2010
    • Best Execution-Only Broker (winner)
  • Shares Awards 2010
    • Best International Share Dealing Service (winner)
    • Previous awards: Best Execution-Only Broker 2009, Best Online Trading Platform 2008, Best Online Broker 2007 & Best International Share Dealing Service 2006
  • YourMoney Awards 2010
    • Best Online Share Dealing Provider for the fifth year in a row (winner)
    • Best Direct Share Dealing Provider for the third year in a row (winner)

About TD Waterhouse:

TD Waterhouse is the UK's leading execution-only broker, servicing approx 200,000 UK customers with over £3.77 billion in customer assets (stocks and cash) under management. It is a subsidiary of the TD Bank Group (TD or the bank), the 6th largest bank in North America by branches. TD has 82,000 employees in offices around the world, serving 19 million customers with client assets of CDN$630 billion (as at 30, April 2011). † Source: Compeer based on daily average retail trades for TD Waterhouse including its white label partners, as at June 2011.

TD Waterhouse provides UK investors with simple, fast and easy share dealing services - combined with high quality news and information from leading providers including Morningstar - to both active traders and longer-term investors. These include UK and international equity trading, Individual Savings Accounts (ISAs), regular investment accounts, Self Invested Personal Pensions (SIPPs), Derivatives (CFDs, Forex and Futures) and Financial Spread Trading.

TD Waterhouse is authorised and regulated by the Financial Services Authority (FSA), 25 The North Colonnade, Canary Wharf, London E14 5HS (FSA registered number 141282), member of the London Stock Exchange and the PLUS market.

Contact Information