Very surprised by the number purchased today - thought it would be under 10 million .
UBS would have been the main driver today of the share price increase. The number they purchased accounted for between 50 and 60% of the volume in normal trading hours.
The after close trades then doubled the final daily volume.
Strange that this happened when UBS have just stated that they think that Lloyds is undervalued
Volume picked up at end of day, but it would be surprising if there has been a malfunction in software, resulting in UBS purchasing a large number. An algo shouldn't be chasing an increasing price during a day.
''So, if you have bought then sold ,doesnt effect your average price. The price you paid for your shares remains the same,think you're fiddling the books sir!''