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TD Direct Investment

London, 18 April 2012 - Stuart Welch, CEO, TD Direct Investing comments: “Overall trading among TD clients increased by nearly two thirds (66.3%) in the week ending Monday 16 April, with a buy:sell ratio of almost 2:1. Britain’s banking giants retained the top three spots in our clients’ most popular share dealing table while Gulf Keystone Petroleum (GKP) continued a fourth week at the top of the sells. There were just four new entrants across both tables as the FTSE 100 dropped to close the period at 5,666.28.

“Lloyds Banking Group (LLOY) returned to the summit of the buys table, accounting for nearly a fifth (19.2%) of our top ten client buys, finishing with a buy:sell ratio of nearly 2.5:1 after the company’s share price lost 6% this week. There has been speculation that the Co-operative Bank Plc (CPBB) might abandon talks to take over 600-plus Lloyds branches due to regulatory concerns and rumours that British start up bank, NBNK, has made a new bid of around £2 million for the branches.

“Meanwhile, Aviva Plc (AV.) 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 (16 April).

“The highest new entrant in the sells table was seventh placed Matra Petroleum (MTA), after Maxim Barsky, a former deputy chief executive of TNK-BP, bought 575 million new shares in the company, taking his stake to 29.8%. One place behind Matra was Thomas Cook Group (TCG), who said last Tuesday (10 April) that it was close to striking a £1.2 billion agreement with its bank to help secure its financial future. The travel operator’s share price gained 10% on the week, closing at 22.75p on Monday (16 April).

“Our other new entrants this week included Red Emperor Resources (RMP) at eighth in the buys and last week’s 10th most popular buy, Apple Inc (APPL), became this week’s 10th most popular sell.”

TD Direct Investing is one of the UK's leading execution-only brokers and, as a subsidiary of the TD Bank Group (TD or the Bank), part of one of the world's largest discount brokerage groups, servicing 21.5 million customers worldwide. For more information on TD Direct Investing please visit www.tddirectinvesting.co.uk.




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