Grafton Group reports results on Friday, 11 Jan

• The chart shows the price movement last time Grafton Group reported: Trading Update, 13 Nov.
• The shares opened +20p (+2.8%; low of the day) and traded as high as +69.5p (+9.6%).
• Shares closed +67p (+9.3%), for a daily trading range of 49.5p or 6.8%.
• Shares currently at 705p (at time of writing)
• Shares -18.5% from 2018 highs, +10.0% from 2018 lows, +9.8% year-to-date
• Grafton Group issues a Trading Update on Friday (11 Jan). Will we see another big move?
• On 13 Nov Grafton said sales rise and that it was confident in meeting FY expectations
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Grafton Group– An Example

Let’s say you think that Grafton results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Grafton using CFDs, at the current price of 272.7p. To do this, you need £2,000.

For the purpose of this example, let’s assume Grafton 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 above position, and place a stop-loss 5% below the current price. Grafton 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.