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Banks on investors’ agendas

Banks on investors’ agendas

Category: Investments

Updated: 03/05/2012
First Published: 03/05/2012

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Banks were on the agendas of investors again in the last week, with three of the UK 's big institutes especially prominent.

Royal Bank of Scotland (RBS), Lloyds Banking Group and Barclays all featured in the top ten buys and sells tables in the week ending Monday 30 April, figures from TD Direct Investing show.

During the week, the FTSE increased slightly up to 5,737.78.

RBS was the second most purchased equity during the week, making it the highest banking entry, while Lloyds Banking Group followed just behind as the third most popular stock pick.

Barclays was the sixth most bought share during the week, and also featured as the most sold stock.

Lloyds was the second most sold equity, with RBS featuring fourth in the sells table.

Man Group Plc took top spot in the buys table in the week, ahead of reports yesterday that client outflows at the hedge fund manager reached £620m in the first three months of the year.

Oil and gas companies also remained popular with investors in the week.

"Matra Petroleum Plc, the most notable new entrant in the sector, landing at ninth in the buys and seventh in the sells with a buy:sell ratio of 1.3:1," said Stuart Welch, CEO of TD Direct Investing.

"Weekly favourite Gulf Keystone Petroleum occupied fourth in the buys table and third in the sells, down one position in each table from last week, while Xcite Energy Ltd also appeared in both tables."

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