National Grid reports FY Results on Thurs, 16 May

• Last time National Grid reported: Half year Results, 8 Nov.
• The shares rose as much as 1.4% for a daily range of 18.1p or 2.2%.
• Shares -6.1% from 2019 highs; +12.3% from 2019 lows; +9.6% year-to-date.
• Currently 837p (at time of writing).
• Could we see another big share price move on Thursday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading National Grid – An Example

Let’s say you think that National Grid results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of National Grid using CFDs, at the current price of 837p. To do this, you need £2,000.

For the purpose of this example, let’s assume National Grid 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 3% below the current price. National Grid 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.