Investors have been turning their attention to the high street banks after appearing to spot some bargains following the European stress tests.
TD Waterhouse has revealed financial stocks were the most traded stocks in the week ending 19 July after the European Banking Authority announced the results of its stress tests on 90 banks across Europe.
Even though only eight organisations failed the test, the share prices of British banking giants Barclays, Lloyds Banking Group and Royal Bank of Scotland Group all dipped after the results were made public.
With investors apparently spotting a bargain, the three banks occupied the top three positions in terms of stocks bought during the week.
They also accounted for nearly half of all buy trades within the top ten.
Also proving popular was British Sky Broadcasting which spent a second week in the top ten of stocks bought, and moved up one place to fifth position.
Interest was undoubtedly heightened as the fallout from the phone hacking scandal continued and the company's chairman, James Murdoch, faced a Parliamentary Select Committee.
Analysts, however, remained more focused on the upcoming announcement of BSkyB's annual results, which are due Friday 29 July, and the potential for an accompanying dividend or share buyback.
As a result, the company's share price showed signs of recovery after falling rapidly on the news that News Corporation had withdrawn its bid to buy out the broadcast giant.
In terms of the stocks investors were keen to dispose of, the title for most popular sell of the week was shared between Yell Group and Lloyds Banking Group.
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