Ferrexpo issues a Q4 Production update on Tues, 8 Jan

• The chart shows the price movement last time Ferrexpo reported: Q3 Production, 9 Oct.
• Shares opened +3p (1.4%), went as high as +10.8p (+5.0%) and as low as +0.3p (+0.1%).
• The shares closed +4.9p (-2.3%) for a daily range of 10.5p or 4.9%.
• Shares currently at 186p (at time of writing)
• Shares -4.45% from 2019 highs; +6% from 2019 lows; -4.3% year-to-date.
• Ferrexpo publishes a Q4 Trading update on Tues, 8 Jan. Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Ferrexpo – An Example

Let’s say you think that Ferrexpo results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Ferrexpo using CFDs, at the current price of 186p. To do this, you need £2,000.

For the purpose of this example, let’s assume Ferrexpo 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 5% below the current price. Ferrexpo 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.