TD Waterhouse

TD Waterhouse

June 24, 2011 03:30 ET

Financials Top Trading Activity as Greek PM Survives Vote of Confidence

TD Customer Top-Three Buys are British Banks as FTSE Closes the Week at 5,775 Points

LEEDS, ENGLAND--(Marketwire - June 24, 2011) - Darren Hepworth, Trading and Customer Services Director, TD Waterhouse comments: "The ongoing economic crisis in Greece dominated the financial news agenda in the week ending Tuesday 21 June, as the country continued to look at ways in which it can avoid defaulting on its debts and exiting out of the Euro."

The Top 10 Retail Investor Buys and Sells for week ended 21st June 20111
TOP TEN RETAILER BUYSTOP TEN RETAILER SELLS
This weekCompanyLast weekThis weekCompanyLast week
1LLOYDS BANKING GP11LLOYDS BANKING GP1
2BARCLAYS22GULF KEYSTONE PETR3
3ROYAL BK SCOT GRP103BARCLAYS5
4KEFI MINERALS PLC-4RANGE RESOURCES6
5BP55KEFI MINERALS PLC-
6XCITE ENERGY LTD-6ROYAL BK SCOT GRP4
7GULF KEYSTONE PETR87XCITE ENERGY LTD7
8RANGE RESOURCES68BP10
9ROCKHOPPER EXPLORA-9SOLO OIL-
10XSTRATA PLC710ENCORE OIL-

Darren Hepworthcontinues: "As the ongoing Greek debt crisis has yet to be borne out, it is unsurprising that financial stocks dominate the top three positions in our top ten customer buys this week – with Lloyds Banking Group (LLOY) once again taking the top spot in both the buys and sells tables.

"Just as Lloyds retained its first place in the buys table this week, Barclays (BARC) stayed in second place, while Royal Bank of Scotland Group (RBS) completed a 1-2-3 for Britain's banking giants, moving up from 10th to third place. Movement in the top ten sells table saw Barclays lift two places to third and RBS drop from fourth to sixth. There were two customer buys to every sell among the three banks, as they accounted for over 45% of our top ten buys and nearly 40% of the sells.

"Meanwhile, Kefi Minerals (KEFI) came onto our customers' radar this week, entering both tables simultaneously and accounting for nearly 10% of the overall top ten trades, taking fourth and fifth places respectively. The AIM-listed gold and copper exploration company received good news last Friday (17 June), announcing it had been granted the first mineral exploration licence in Saudi Arabia for the Selib North Project, which lies in a highly prospective part of the Arabian shield. Kefi saw its share price react positively on the news, peaking at 800p on Monday (20 June), having risen during trading on Friday (17 June) from an opening price of 493p.

"Xcite Energy (XEL) re-entered the top ten buys this week and maintained its seventh position in the sells. Analysts counted Xcite among their top North Sea oil stocks, stating they were impressed that the company is applying new ideas in mature basins. A new entrant to the buys, Rockhopper Exploration (RKH), also caught our customers' attention as its share price rose steadily from a Monday morning (20 June) low of 263p to a Tuesday morning (21 June) high of 280p, before finishing the day at 278p.

"Two oil companies entered our customers' most popular sells table this week. Solo Oil (SOLO) took ninth place after announcing last week that testing had begun at its Ausable No.5 well in Ontario, Canada. The firm is partnering with Reef Resources who said that a service rig is currently at the site. Meanwhile, Encore Oil (EO) entered the sells table in tenth place."

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 broker2with 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 chart "Share Price Performance chart for Kefi Minerals (15 June – 21 June 2011)", please visit the following link:

http://media3.marketwire.com/docs/chart11.pdf

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 May 2011.

  3. TD Waterhouse trading rates:

PlatformFrequent trader
Applicable after 15+ trades per quarter
Standard
Online£8.95 flat rate £12.50 flat rate
TelephoneThe appropriate Online rate plus an additional £30 is payable on all Telephone Trades
CertificatedThe 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:

  • 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
  • MoneyAM Online Finance Awards 2010
    • Best Online Execution-Only Broker (winner)
  • 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 May 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.

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