TD Waterhouse's top ten trading figures for this week soared 53 per cent on last week, with customer buys accounting for 70 per cent of the overall top ten trades.
Lloyds Banking Group spurred a hike in trading activity, representing 31 per cent of the top ten buys as customers seized the opportunity to take advantage of a drop in the bank's share price. It fell 9.55 per cent over the past seven days on the back of fears the bank will announce a debt for equity swap later in the month.
"House builders made a comeback to this week's top ten after the Council of
Mortgage Lenders called for action to address a £300 billion
mortgage funding gap," reveals the broker's Angus Rigby.
"Taylor Wimpey reached tenth position in the top ten sells following a recent share-price hike," he adds, pointing out that the international house builder has signalled it may offload its leading US operation later in the year, fuelling speculation that US house builders could be heading for a round of consolidation.
Vodafone reached sixth place in this week's
TD Waterhouse top ten sells as customers cashed in on its highest share-price hike in almost a year, while insurance giant Aviva also crept back into the top ten buys, reaching seventh place.
