Barclays Stockbrokers discusses BP trading volumes
www.moneynews.co.uk > General finance > Barclays Stockbrokers discusses BP trading volumes
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Barclays Stockbrokers discusses BP trading volumes
Mon 14th Jun 2010
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Head of product at the firm Paul Inkster suggested people have "rallied behind the stock" in spite of the oil spill that took place in the Gulf of Mexico recently.
He said: "On average, BP has accounted for 14 per cent of Barclays Stockbrokers daily purchases across this period, and this peaked yesterday [June 10th] at an unprecedented level of 43.5 per cent."
Mr Inkster explained that BP has been the most popular stock over the past ten days, but its share price has fallen by about 47 per cent since April, dropping from 655.4p to 396p.
The Barclays Stockbrokers representative highlighted how clients can benefit from an online trading commission price of £4.42 for as long as England stay in the Fifa World Cup.
On Saturday, the side drew 1-1 with the USA after Rob Green's error allowed Clint Dempsey to equalise, following an early goal by England's Steven Gerrard.
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Related News : Barclays |
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