Money News
Latest figures (for the week commencing February 25th) from broker, The Share Centre, show banks and financials again featuring among the top buys and sells as investors had different takes for the short to medium term prospects for these sectors.
Heading both columns was Royal Bank of Scotland - Britain's second biggest bank, posting a 16% rise in H2 profits, which beat most forecasts. However, the takeover of Dutch bank, ABN Amro pushed write-downs up by more than £900 million to £2.5 billion. The bank meanwhile hiked its dividend 10% to 33.2p, joining Barclays, Lloyds TSB and HBOS in offering a higher payout to investors.
Rounding out the top 5 buys were HBOS, LloydsTSB, Barclays and BT.
Top sells were RBS, Barclays, Tesco, Alliance & Leicester and LloydsTSB.
The ratio of buys: sells was 82:18
The top 5 most searched for companies on www.share.com were: Vodafone, RBS, Barclays, Lloyds TSB and HBOS
03 March 2008 © Moneyextra.com
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