Berkeley Group reports FY Results on Weds, 19 Jun

• Last time Berkeley Group reported: Trading Update, 15 Mar.
• The shares rose as much as 2.2% on the day for a daily range of 71p or 1.8%.
• Shares -10.9% from 2019 highs; +5.1% from 2019 lows; +2.2% year-to-date.
• Currently 3555p (at time of writing).
• Could we see another big move on Wednesday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Berkeley Group – An Example

Let’s say you think that Berkeley results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Berkeley using CFDs, at the current price of 3555p. To do this, you need £2,000.

For the purpose of this example, let’s assume Berkeley 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. Berkeley 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.