TD Direct Investing names the UK's most traded UK-listed companies for the morning of Wednesday 18 January 2012.

Top ten trades
Wednesday 18 January 2012 (until noon)
Source: TD Direct Investing

TD Direct Investing view:

'Today’s buy / sell ratio = (approx.) 1.57 : 1.

'Essar Energy was the highest new entrant into the buy trades table today after a court ruling against the company’s India focused oil refiner saw its share price lose over 27% at close on Tuesday (17 January) compared to the previous day. The ruling means Essar Oil, in which Essar Energy has an 87% stake, can no longer defer the payment of sales tax. Essar was also the joint fifth most popular sell. 

'Tullow Oil moved into the top ten buys, taking fifth place and accounting for 6.2% of the buy trades as it announced a cut in its production forecast this morning. The company predicted that this year’s output would also be lower than previously thought, but did say that it is to team up with Royal Dutch Shell to explore for oil in the Atlantic.'

BUY

1. Tesco, 15.2 per cent
2. Range Resources, 14.4 per cent
3. Royal Bank of Scotland, 8.5 per cent
4. Essar Energy, 6.4 per cent
5. Tullow Oil, 6.2 per cent
6=Gulf Keystone Petroleum, 5.2 per cent
6=Afren, 5.2 per cent
6=Leed Petroleum, 5.2 per cent
9. Man Group, 4.6 per cent
10. Lloyds Banking, 4.3 per cent

SELL

1. Range Resources, 12.1 per cent
2. Lloyds Banking, 11.6 per cent
3. Man Group, 9 per cent
4. Tesco, 6.4 per cent
5=Gulf Keystone Petroleum, 5.7 per cent
5=Essar Energy, 5.7 per cent
7. Royal Bank of Scotland, 5.4 per cent
8=Afren, 4.6 per cent
8=Barclays, 4.6 per cent
10=Leed Petroleum, 4.4 per cent
10=Mouchel Group, 4.4 per cent  

The Top Twenty Buys and Sells should not be taken as a recommendation to buy or sell any particular bond or stock, and it is not intended to offer any form of advice. Instead it is simply an indication of the general buying and selling trends amongst some TD Direct Investing customers, observed during the period stated.