TD Waterhouse UK

TD Waterhouse UK

July 08, 2011 03:30 ET

TD Customers Delighted by Xcite Energy

Trading activity up week on week as oil and financials account for over 85% of top ten buys and sells

LONDON, ENGLAND--(Marketwire - July 8, 2011) - Darren Hepworth, Trading and Customer Services Director, TD Waterhouse comments: "Trading among TD customers increased by nearly 15% on last week, with oil explorer Xcite Energy (XEL) taking first place on the buys and Lloyds Banking Group (LLOY) completing a fourth week at the summit of the sells table. The banking giant outsold fellow financial, Barclays (BARC), by 2:1, as the FTSE 100 rallied in the week ending Tuesday, 5 July, climbing back over the 6,000 mark."

The Top 10 Retail Investor Buys and Sells for week ended 5th July 20111
TOP TEN RETAILER BUYS TOP TEN RETAILER SELLS
This week Company Last week This week Company Last week
1 XCITE ENERGY LTD 4 1 LLOYDS BANKING GP 1
2 LLOYDS BANKING GP 1 2 XCITE ENERGY LTD 8
3 ROYAL BK SCOT GRP 3 3 BARCLAYS 5
4 BARCLAYS 2 4 ROYAL BK SCOT GRP 4
5 PREMIER FOODS - 5 GULF KEYSTONE PETR 6
6 RANGE RESOURCES 5 6 BP -
7 GULF KEYSTONE PETR 6 7 XSTRATA PLC -
8 CHARIOT OIL & GAS 8 8 RANGE RESOURCES 3
9 SOUND OIL - 9 ANTOFAGASTA -
10 YELL GROUP - 10 AVIVA -

Darren Hepworth continues: "Xcite Energy leapfrogged last week's top three buys – Lloyds, Barclays and Royal Bank of Scotland Group (RBS) – rising from fourth to first place in the table. The oil explorer accounted for over a quarter of all top ten buys as the Treasury said that it would increase the level of tax support for North Sea oil explorers on Tuesday (5 July). Xcite's share price reacted positively to the news, reaching a high of 247p the same day, having closed at 173p on Monday.

"TD customers worked up an appetite for Premier Foods (PFD) this week, possibly hungry for a bargain as the company took fifth place in the top ten buys table. The pricing row that saw Tesco (TSCO) delist a quarter of its products has now been resolved, but Premier was forced to issue a shock profit warning on Thursday (30 June) after admitting the dispute had cost £10m. The company warned half-year profits were likely to be between £65m and £70m, compared with £94m in 2010, saying it had also been hit by higher commodity prices and a tough consumer environment. Premier's share price reached 25p on Thursday (30 June), before it dropped to a low of 17p the next day.

"Elsewhere in the buys table Yell Group (YELL) was a new entrant in 10th place as it named Richard Hanscott as its new UK chief last Wednesday (29 June). Meanwhile, new entrants to the sells table included two miners – Xstrata (XTA) taking seventh place and Chilean copper miner, Antofagasta (ANTO), taking ninth. Xstrata said on Friday (1 July) that it was confident it would hit its 2011 copper output target, with production improving in the second quarter compared to the first when it was hindered by heavy rain. Meanwhile, Antofagasta's CEO, Jean Paul Luksic, announced there was huge demand for metals from China and other emerging markets investing in infrastructure and urbanisation."

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 Share Price Performance chart for Premier Foods (29 June – 05 July 2011), please visit the following link:

http://media3.marketwire.com/docs/chart.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:
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:
  • 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.

Contact Information