Investors eye retail and banks - Investments - News - Moneyfacts

News

Investors eye retail and banks

Investors eye retail and banks

Category: Investments

Updated: 27/01/2011
First Published: 27/01/2011

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 It is now over 6 months old so the content may be out of date.

Investors added a mixture of retail, energy and banking equities to their portfolios in the last week.

Shares in Lloyds Banking Group were the most purchased equities in the week to 25 January, figures from broker TD Waterhouse show.

It was also the third most sold stock, as its share price fell sharply, closing at 63.15p on Tuesday.

"Falling share prices were a theme among the FTSE100 banks as fears grew about their ability to raise capital," said Darren Hepworth, trading and customer services director at TD Waterhouse.

It also proved to be a busy week for investors in the Royal Bank of Scotland (RBS). Shares in RBS were the second most purchased in the week, but also the second most sold.

Meanwhile, Barclays fell out of the top ten buys completely, while dropping from first to fourth in the sells table.

Retail giants Marks & Spencer and Tesco featured heavily in the week, taking the fourth and fifth spots as the most purchased stocks.

It is the second week in succession that Tesco has featured in the top ten buys, falling from the top position last week.

GlaxoSmithKline entered the top buys at number six after it received positive opinion for its epilepsy drug Trobalt.

Shares in BP, Atlantic Coal and Xcite Energy were also much sought after.

EasyJet snuck into tenth place in the buys table, despite the budget airline announcing that first-half losses could be double than expected.

Looking for the right investment? Compare investments

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Could it be time to move away from cash?

The state of the savings market is understandably leaving many savers frustrated, particularly older savers who rely on a healthy return to boost their income. That’s why many are looking away from cash and considering the stock market instead.

£54m in Premium Bonds unclaimed on anniversary

Today sees the 60th anniversary of when Premium Bonds first started being sold. A lot has changed since then, with the top prize now standing at £1 million, compared with the £1,000 reward of 60 years ago.

£54m in Premium Bonds unclaimed on anniversary

Today sees the 60th anniversary of when Premium Bonds first started being sold. A lot has changed since then, with the top prize now standing at £1 million, compared with the £1,000 reward of 60 years ago.
 
Close