Traders look to diversify portfolios

Category: Investments
Date: 2/3/2012

Investors looked to diversify their portfolios in the last week, with buying very much on the agenda.

In the week to Tuesday 31 January, investors' buy to sells ratio was 1.6:1, with the FTSE 100 index ending at 5,681.61 having gained just under 2% in the first month of 2012.

Figures from TD Direct Investing give a snapshot of how investors have traded in the previous week.

Tesco headed the buys table for the third week in succession, while the UK's banks also made their customary performance.

Lloyds Banking Group, Royal Bank of Scotland Group and Barclays were the second, third and sixth most bought equities during the seven days.

Many investors also looked to sell off their shares in the banks.

Lloyds Banking Group was the most sold stock during the seven days, taking the top position for the second week in succession.

Meanwhile, Royal Bank of Scotland Group was the second most sold off equity, with Barclays the fourth most sold off stock.

There were a number of new entries across the buys and sells tables in the week

Vodafone, Sirus Minerals and Orchid Development all jumped into top ten positions in the sells table during the week.

Meanwhile, Premier Foods was the highest new entry in the sells table, in fifth, as the company prepared to launch a major advertising campaign following its announcement of jobs cut last week.

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