Top traded stocks post-election

We look at which stocks customers are trading most following the election results

Article updated: 13 December 2019 11:00am Author: Helal Miah

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While the markets are up by a good degree, reflecting some relief and euphoria, it’s interesting to note our investors are not necessarily ploughing into the markets. Among our top 20 most actively traded shares in the first 30 minutes of trading this morning, sells have been outstripping buys. For example Lloyds, our most actively traded, saw 10 times as many sells a buys. Next on the list is Legal & General with five and a half times as many sells, following that is Diageo with seven times as many, Taylor Wimpey with 12 times, RBS with three times, and house builders Barratt Developments ten times and Persimmon eight times. Among our top 20 most actively traded, only Tullow Oil saw more buys than sells but they have been in the news for other reasons this week.

This shows early morning traders and investors are taking advantage of the steep rises among their shareholders and locking in some profits - we don’t take this as signalling negativity toward the market, just some investors being pragmatic. However, we do expect that with much of the cloud being lifted in the days and weeks coming investors who have been shy will slowly begin to put their cash to work again.

10 top traded companies

Lloyds Banking
Legal & General 
National Grid
Diageo
Taylor Wimpey
Royal Bank of Scotland
SSE
Barratt Developments
Tullow Oil 
Tesco


All information given including prices, yields and our opinion is correct at the time of publication. Our opinions on investments can change at any time and for our latest view please go to www.share.com. To understand how our Investment research team arrive at their views please read our Investment Research Policy.

 

Helal Miah portrait photo
Helal Miah

Investment Research Analyst

After graduating with an economics degree from University College London, Helal started his career within private banking at Smith & Williamson Investment Management and later held analyst and fund manager roles with the Industrial Bank of Japan, Schroders and Mitsubishi Corporation. He is a chartered fellow of the Chartered Institute for Securities & Investment. 

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