Investors’ Interest in Bank Shares is Revived

Last week, about 22 per cent of all deals at The Share Centre fell on banks. Top – traded banks were Barclays, Lloyds Banking Group and Royal Bank of Scotland (RBS). The most popular with sellers and buyers was RBS, which accounted for 43 per cent of all operations made by investors. However, selling offers were less numerous than buying offers for all three banks, and investors seemed to be more sure of RBS and Barclays stability – for RBS, the buy to sell ratio was 71:29 and for Lloyds it was 70:30, while Barclays’ buyers outnumbered sellers only by 14 points (57:43). This increase in trading activity is a reflection of a common pickup. For example, the number of all deals rose by 8 per cent during just four-day trading window for investors, and the buy to sell ratio amounted to 62:38. Investors are very interested in banking sector nowadays as they hope to benefit from changing share prices. RBS topped the list of last week best buys because its’ results were better than expected. Despite these good results, broker companies advise shareholders to sell as the bank itself is not positive about financial stability. The second most popular bank in terms of trading activity was Lloyds Banking Group with 29 per cent of deals, and Barclays with 25 per cent. Last week’s lists of most bought and sold shares both included such companies as RBS, Lloyds, Barclays and Taylor Wimpey.

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