Shares in Lloyds catch the eyes of investors - Investments - News - Moneyfacts

News

Shares in Lloyds catch the eyes of investors

Shares in Lloyds catch the eyes of investors

Category: Investments

Updated: 18/04/2012
First Published: 18/04/2012

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 It is now over 6 months old so the content may be out of date.

Shares in Lloyds Banking Group were on the radar of investors in the last week, helping to boost overall trading.

Trading amongst investors increased by almost two thirds in the week ending Monday 16 April, according to TD Direct Investing, with a buy:sell ratio of almost 2:1.

British Banking giants retained their position as the most popular share options in the week.

Lloyds Banking Group returned to the summit of the buys table, accounting for nearly a fifth (19.2%) of share buys, finishing with a buy:sell ratio of nearly 2.5:1

The company has been the subject of much speculation, contributing to the company's share price falling 6% in the week.

There has been speculation that the Co-operative Bank might abandon talks to take over 600-plus Lloyds branches due to regulatory concerns and rumours that British start up bank, while banking venture NBNK made a new bid of around £2 million for the branch network.

Barclays and Royal Bank of Scotland (RBS) secured a 1-2-3 finish in the buy market in the week, finishing as the second and third most popular shares respectively.

Lloyds, Barclays and RBS all featured in the sells table, as the second, fifth and seventh most sold equities during the week.

Meanwhile, Aviva rose three places accounting for more than 10% of the top ten buys this week, as reports emerged that it is considering plans to sell its life assurance business in the US .

The insurance giant lost nearly 4% from its pre-Easter closing price to finish at 300.6p on Monday.

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 Any products featured may be withdrawn by their provider or changed at any time.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