Ferrexpo issues a Q2 Production Report on Friday, 5 July

• Last time Ferrexpo reported: FY Results, 23 Apr.
• The shares fell as much as 4.7% for a daily range of 18.1p or 6.3%
• Shares -9.3% from 2019 highs; +54.7% from 2019 lows; +42.5% year-to-date.
• Currently 277p (at time of writing).
• Could we see another big share price move on Friday?
• 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 277p. 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 £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. Ferrexpo 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.