J Sainsbury reports Q1 Trading on Weds, 3 Jul

• Last time Sainsbury reported: FY Results, Weds, 1 May
• Shares rose as much as 6.4% for a daily range of 3.8%.
• Shares -35.9% from 2019 highs; +2.5% from 2019 lows; -28.3% year-to-date.
• Currently 190p (at time of writing).
• Will we see another big share price move on Wednesday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Sainsbury – An Example

Let’s say you think that Sainsbury results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Sainsbury using CFDs, at the current price of 190p. To do this, you need £2,000.

For the purpose of this example, let’s assume Sainsbury reports strong results and the shares rise 10%. Your profit would be £1,000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 3% from the current price. Sainsbury 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.