Prudential reports FY Results on Wednesday, 13 Mar

• Last time Prudential reported: Trading Update, 14 Nov.
• The shares closed -0.2% for a daily range of 54.5p or 3.4%.
• Shares -6.2% from 2019 highs; +15.1% from 2019 lows; +9.6% year-to-date.
• Currently 1536p (at time of writing).
• Could we see another big share price move on Wednesday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Prudential – An Example

Let’s say you think that Prudential results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Prudential using CFDs, at the current price of 1536p. To do this, you need £2,000.

For the purpose of this example, let’s assume Prudential reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 3% below the current price. Prudential results miss, it 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.