Persimmon issues Trading Update on Thursday 4th of July.

• Last time Persimmon reported: Trading Update, 1st May 
• The shares traded a 2.4% range on the day
• Now trades 2005p (at time of writing).
• Shares -21.4% from 52 week highs; +9.9% from 52 weeks lows
• Will we see another big share price move on Thursday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Persimmon – An Example

Let’s say you think that Persimmon results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Persimmon using CFDs, at the current price of 2005p. To do this, you need £2,000.

For the purpose of this example, let’s assume Persimmon 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 5% below the current price. Persimmon results miss, it falls 5% and hits your stop-loss. Your loss would be £500.

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