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Hot Stocks: investors pile in to oil and gas

Stephen Barber of Selftrade looks at the top 10 shares bought and sold in the past week.

 

by Stephen Barber on Jan 13, 2012 at 05:00

The week's most actively bought investments

Stock Buys in last 7 days* Type Sector Tools
Gulf Keystone Petroleum Ltd 498 Share Oil & Gas Producers AlertsPortfolio
Vodafone Group PLC 149 Share Mobile Telecommunications AlertsPortfolio
Man Group plc 132 Share Financial Services (Sector) AlertsPortfolio
Angel Mining PLC 122 Share Mining AlertsPortfolio
Lloyds Banking Group PLC 99 Share Banks AlertsPortfolio
Enegi Oil PLC 90 Share Oil & Gas Producers AlertsPortfolio
Tesco PLC 86 Share Food & Drug Retailers AlertsPortfolio
GlaxoSmithKline PLC 86 Share Pharmaceuticals & Biotechnology AlertsPortfolio
Aviva PLC 82 Share Life Insurance AlertsPortfolio
Edenville Energy PLC 82 Share Mining AlertsPortfolio

Source: Selftrade. *Data is as at market close last Wednesday.

The week's most actively sold investments

Stock Sells in last 7 days* Type Sector Tools
Lloyds Banking Group PLC 223 Share Banks AlertsPortfolio
Gulf Keystone Petroleum Ltd 212 Share Oil & Gas Producers AlertsPortfolio
BP PLC 159 Share Oil & Gas Producers AlertsPortfolio
Barclays PLC 153 Share Banks AlertsPortfolio
Royal Bank of Scotland Group PLC 119 Share Banks AlertsPortfolio
Angel Mining PLC 110 Share Mining AlertsPortfolio
Edenville Energy PLC 65 Share Mining AlertsPortfolio
Vodafone Group PLC 63 Share Mobile Telecommunications AlertsPortfolio
Enegi Oil PLC 61 Share Oil & Gas Producers AlertsPortfolio
Aviva PLC 59 Share Life Insurance AlertsPortfolio

Source: Selftrade. *Data is as at market close last Wednesday.

Investors shift focus to resources

A notable trend in private investor focus in recent months has been increasing exposure to equities in resources and mining sectors – greater interest in oil and gas. Statistics released by online broker Selftrade show how the top traded shares have shifted in emphasis away from the big banks, which had dominated the headlines, and towards stocks in these sectors.

Over the past week, Selftrade reports that private investors have bought into Gulf Keystone (GKP.L), Angel Mining (ANGM.L), Enegi Oil (ENEG.L) and Edenville Energy (EDLE.L)

There are some specific reasons for these choices: Gulf Keystone has been subject to bid speculation; Angel Mining has risen on news that its gold mining has hit record production levels; Enegi has reported successful exploration; and after a big slump in 2011, Edenville found itself the most traded stock by volume on Monday.

But it is more than just these individual companies. Resources are experiencing something of a boom, fuelled in part by historic prices and in part by demand from emerging Asia. To some degree, this reflects optimism in global growth which, beyond our woeful European shores, looks relatively healthy.  

Intriguingly, it is resources that have led the FTSE 100 in recent days, buoyed by the belief that Chinese policymakers will move to stimulate domestic growth. The FTSE 100, of course, is an index that does not reflect the British economy but rather the four corners of the world. 

Energy shares, meanwhile, remain at the mercy of prices, which have enjoyed a notably strong 2011. The New Year offers uncertainty here, with the dual pressures of politics and economics. High domestic fuel bills have become a political hot potato, and demand will depend on economic expansion, not least in the precarious eurozone. 

These sectors, it seems, will be favourites for private investors in 2012, and will provide an important part of the story for the new investing year.

5 comments so far. Why not have your say?

abbass hassan

Jan 13, 2012 at 08:03

Have you any share in mind to follow ?

report this

Ladders

Jan 13, 2012 at 10:15

@abbass, take a good look at GKP, but quickly as it could be sold for 5 or 6 time it's current SP any day now. - check out the iii bb - DYOR

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abbass hassan

Jan 13, 2012 at 10:32

Thank you ladders , any small good value share's please ?

report this

winston

Jan 13, 2012 at 11:08

Central Rand Gold (ticker Crnd), a South African gold miner, potential recovery play & takeover target. Shares are also ISA eliglable. However DYOR

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abbass hassan

Jan 13, 2012 at 12:23

Thank you .

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