Money News
Latest data (for the week commencing March 3rd) from online broker, the Share Centre, shows banks continuing to feature prominently in the list of shares bought and sold.
On the buy side, RBS, Barclays and LloydsTSB were the top three most popular purchases as some investors took the view that the lower-than-expected level of write-downs as the bank reporting season drew to a close, suggested the sector isn't in as bad a shape as originally thought. Rounding out the top 5 were Stanelco - the bio degradable products producer benefiting from Marks & Spencer's recently-launched campaign against plastic bags - and BT.
Stanelco also found itself top of the list on the sell side as some investors opted to take profits. After Stanelco came Desire Petroleum, HBOS, Barclays and Vodafone.
During the week the ratio of buys:sells was 71:29
Top 5 most searched for companies on www.share.com were Stanelco, HBOS, Vodafone Barclays and RBS.
11 March 2008 © Moneyextra.com
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