SSE publishes a Q3 Trading Update on Fri, 8 Feb.

• Last time SSE reported: H1 Results, 14 Nov.
• The shares closed +5.3% for a daily range of 80.5p or 7.1%.
• Shares -18.6% from 2018 highs; +15.0% from 2018 lows; +9.2% year-to-date.
• Currently 1181p (at time of writing).
• Will we see another big share price move on Friday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading SSE – An Example

Let’s say you think that SSE results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of SSE using CFDs, at the current price of 1181p. To do this, you need £2,000.

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