Next reports 2018 full year results on Thurs, 21 March

• Last time Next reported: FY Trading Update, 3 Jan.
• The shares closed +4.1% for a daily range of 209p or 5.0%.
• Shares -0.3% from 2019 highs; +32% from 2019 lows; +31.3% year-to-date.
• Currently 5240p (at time of writing).
• Could we see another big share price move on Thursday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Next – An Example

Let’s say you think that Next results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Next using CFDs, at the current price of 5240p. To do this, you need £2,000.

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