These were the most-traded shares across UK markets last week. The figures provide a great insight into the way investors are thinking and where there could be opportunities.
While this information is only a small sample of the UK stockmarket, it can provide a great starting point for further research.
Most-bought blue-chip stocks
Top five most bought blue-chip stocks according to the UK’s largest online stockbroker, Hargreaves Lansdown:
BP and Shell both featured in the top five blue-chip buys last week. Investors are continuing to buy these oil giants as it looks as if the price of oil will remain elevated for the foreseeable future.
Barclays also features in the top five as the UK bank is set to benefit from higher interest rates. The shares also look incredibly cheap trading at a price/book (p/b) ratio of just 0.4 and a forward price/earnings (p/e) ratio of 5.9.
Most-bought small and mid-cap stocks
The top five most-bought non-blue-chip stocks on the Freetrade and IG Group platforms:
Boohoo and ASOS are both proving popular with investors as these e-commerce giants have both fallen in value recently. It appears that investors are betting that this could be a temporary setback, and there could be a recovery on the cards in the near future.
Thungela Resources is also attracting interest as high coal prices could help the company generate record profits this year, helping it to pay down debt and offset environmental liabilities.
Most-bought investment trusts
Top five most bought investment trusts, according to the UK’s largest online stockbroker, Hargreaves Lansdown:
Investment trusts with a focus on international growth seem to be the flavour of the moment with Witan, Scottish Mortgage, Scottish American and BlackRock Throgmorton all specialising in this area.
Tritax Big Box is a real estate investment trust (REIT) focusing on so-called big box infrastructure assets, primarily fulfilment centres for the e-commerce market. As demand for these assets grows, the company is working flat out to capitalise on the opportunity. The stock also offers a dividend yield of 2.7%.
Disclosure: Rupert Hargreaves owns shares in Scottish American Investment Co.
• SEE ALSO: Britain’s ten most-hated shares