Share Trading Assignment Essay Example | Topics and Well Written Essays - 2000 words

Share transaction Assignment - Essay ExampleTrading Activities Buying of Shares with the notional ?100,000 888 Holdings PLC (888.L) ?31.25 as at September 30, 2011 1107 Prev Close 32.75 Open 32.25 Bid 35.50 take aim 36.00 1y Target Est 1.05 Beta N/A beside net income Date N/A Purchase cost ?54,000.00 1,500 shares times the ask price of ?36.00 per share. Stamp Duty ?270.00 ?32,750 times 0.005 (Note 0.005 = 0.5%) Brokers missionary post ?10.00 It is ?10.00 whatever the surface of the trade. add up ?54,280.00 Shares of 888 Holdings Plc seemed to be very lucrative hence the desire to buy them. Whats more, thither has been an increasing trend in the value of shares of 888 Holdings Plc, which made it pull down more lucrative. Vodafone Group PLC (VOD.L) ?166.25 as at September 30, 2011 Prev Close 166.25 Open 167.15 Bid 168.30 Ask 168.35 1y Target Est 199.14 Beta N/A Next cyberspace Date N/A Purchase cost ?45,454.50 270 shares times the ask price of ?168.35 per share. Stamp Duty ?22 7.27 ?13,300 times 0.005 (Note 0.005 = 0.5%) Brokers commission ?10.00 It is ?10.00 whatever the size of the trade. Total ?45,691.77 Despite recent drop in the value of shares, Vodafone Plc shares seemed attractive to invest in given the status of the company. The company has grown considerable thus proving that there is possibility of future prospects. Whats more, there were indications that the firms share is very attractive in the market hence trading on the shares whitethorn be very easy. The total amount invested in the two firms is given by 1,500 shares of 888 Holdings Plc ?54,280.00 270 shares of Vodafone Plc ?45,691.77 Total ?99,971.77 Selling of Shares 888 Holdings PLC (888.L) ?72.00 3.25(4.73%) 1107 (April 16, 2012) Prev Close 68.75 Open 68.25 Bid 71.50 Ask 72.00 1y Target Est 1.05 Beta N/A Next Earnings Date N/A Selling Revenue ?107,250.00 1500 shares times the ask price of ?71.50 per share. Brokers commission ?10.00 It is ?10.00 whatever the size of the trade. Total ?107 ,240.00 Vodafone Group PLC (VOD.L) 71.54 2.09(1.23%) 1112AM (April 16, 2012) Prev Close 169.45 Open 169.35 Bid 171.50 Ask 171.55 1y Target Est 199.14 Beta N/A Next Earnings Date N/A Purchase cost ?46,305.00 270 shares times the ask price of ?171.50 per share. Brokers commission ?10.00 It is ?10.00 whatever the size of the trade. Total ?46,295.00 Total Revenue obtained from sell the shares 1,500 shares of 888 Holdings Plc ?107,240.00 270 shares of Vodafone Plc ?46,295.00 Total ?153,535.00 region Profit from the Trading * 100 = 53.53% FTSE All-Share index is 5,300 on September 31, 2011 and 5,678 on April 16, 2012 at 1400 hours. = 7.13% Therefore, on the basis of the above calculations on Percentage profit and FTSE All-share index, there is no doubt that the trading was able to beat the FTSE All-share index. Critical diary Trading within the stock exchange market is a tricky and challenging aspect of commerce. Every individual involved in investment or trading within the stock exchan ge market has to be equipped with adequate and up to date information on the performance of the various stocks or shares within the stock exchange market. One way of attaining such adequate and up to date information is extensive reading and listening to business news. Consequently, before engaging in this trade, I read many articles, journals, listened to and watched frequently business news. From the articles, journal