Smith & Nephew publishes Full-year Results on Thurs, 7 Feb.

• Last time Smith & Nephew reported: Q3 Trading Update, 1 Nov.
• The shares closed +6.6% for a daily range of 38p or 3%.
• Shares -7.5% from 2018 highs; +22.1% from 2018 lows; -2.0% year-to-date.
• Currently 1434p (at time of writing).
• Will we see another big share price move on Thursday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Smith & Nephew – An Example

Let’s say you think that Smith & Nephew results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Smith & Nephew using CFDs, at the current price of 1434p. To do this, you need £2,000.

For the purpose of this example, let’s assume Smith & Nephew 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. Smith & Nephew 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.