Investors look to banks in the run-up to Easter - Investments - News - Moneyfacts


Investors look to banks in the run-up to Easter

Investors look to banks in the run-up to Easter

Category: Investments

Updated: 11/04/2012
First Published: 11/04/2012

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 It is now over 6 months old so the content may be out of date.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 stuck with old favourites in the run-up to the Easter break, with banks proving particularly popular.

Following the three days of market activity in the week ending Monday, 9 April, the banks remained popular, with Barclays surpassing Lloyds Banking Group for top spot in the buys.

Making up a 1-2-3 finish for the banks, Royal Bank of Scotland Group was the third most bought share during the week, figures from TD Direct Investing show.

The three banking giants also featured prominently in the sells table, with Lloyds the highest rated in second place.

Insurance heavyweight Aviva also featured as one of the most popular buys in the week, finishing in seventh place and accounting for 8.3% of all buys during the period.

Barclays was the fourth most sold stock in the week, with Royal Bank of Scotland finishing in fifth spot.

However, it was Gulf Keystone Petroleum that topped the sells for the third week running following some positive news about a legal dispute.

Meanwhile, technology giant Apple was a new entry to the buys table, securing joint ninth place alongside fellow new entrant, Man Group.

"Our customers appeared to be justified in their appetite for Apple as analysts in the US predicted that the technology giant would become the world's first $1 trillion company, possibly within the next year," said Stuart Welch, CEO of TD Direct Investing.

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