A trading opportunity for you?

Will KAZ Minerals continue falling, or will it rise again back to 565p highs?

• KAZ Minerals shares have fallen 6.2% from yesterday’s 565p highs to trade 530p (at time of writing)
• Shares -50% from 2018 highs; +30.8% from 2018 lows; -40.8% year to date
• 5 Oct: Goldman Sachs downgraded peer Antofagasta shares overnight
• Source: Dow Jones, Bloomberg, Company News

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Trading KAZ Minerals – An Example

Let’s say you feel that the stock is a bargain and you think it could bounce back to recent highs of 565p. You decide to buy exposure to £10,000 worth of KAZ Minerals using a CFD, at the current price of 530p. To do this, you need £2,000.

Let’s assume KAZ Minerals recovers back to 565p (+6.6%). Your profit would be £660, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. KAZ Minerals falls 3% and hits your stop-loss. Your loss would be £300.

This is provided for information purposes only. It should not be taken as a recommendation.