UK's Most Actively Traded Stocks
| Company | Volume |
| LLOYDS BANKING GROUP |
53,551,691 |
| ROYAL BANK OF SCOTLAND |
44,816,908 |
| VODAFONE GROUP |
35,830,131 |
| CABLE & WIRELESS W'WIDE |
29,139,391 |
| BP PLC |
19,195,739 |
| BARCLAYS PLC |
18,071,071 |
| BT GROUP PLC |
12,959,234 |
| HSBC HOLDINGS PLC |
10,872,723 |
| OLD MUTUAL PLC XSTRATA PLC |
7,160,056 6,735,893 |
Stock Feature
Cable and Wireless Worldwide (CW.) was one of the Most Actively Traded Stocks in the FTSE 100 on Monday 6th September 2010. The telecoms firm had been mooted in the media as a takeover candidate with potential suitors Singtel and AT&T. The Bracknell-based company was formed after the international business and U.K. business demerged – Cable and Wireless becoming Cable and Wireless Worldwide (CW.) and Cable and Wireless Communications (CWC).
Since the demerger analysts have speculated that Cable and Wireless Worldwide is ripe for the picking but, until last week, no approach had been forthcoming. The company’s strength in bandwidth capacity and data provision appear to be the rationale behind a bid. Technological advancements and the breadth of smartphone use in the UK market has meant that Cable and Wireless Worldwide now have a hot commodity on their hands. It appears that even if current suitors do not become eventual bed-fellows the recent moves in volume suggests that city traders have been reawakened to the prospect that Cable and Wireless Worldwide may have assets of real value. On Monday 6th of September Cable and Wireless trade at 73.50p down 0.27% on the day.
Written on 6th September 2010. Volume data from Bloomberg. Other Sources, FT and FT Alphaville.
