Jump to content

Book cost


Guest Vivek

Recommended Posts

Guest Vivek

Hi there, 

I would like to know book cost, what is it? my book cost is always same. I do not get it. Please explain would be much appreciated. Thanks

Link to comment
  • 4 weeks later...
On 16/06/2021 at 06:45, Guest Vivek said:

Hi there, 

I would like to know book cost, what is it? my book cost is always same. I do not get it. Please explain would be much appreciated. Thanks

Hi there,

The book cost is the actual cost of buying the shares at the time you bought them.

The market value is the value of the shares there and then at that point in time.

 

Say you bought 100 shares at 200p per share. Your book cost is 100 x 200p = 20000p a.k.a £200

Say the market then goes to 250p per share. Your book cost is still £200 (as the price you paid for the stock hasn't changed), but the market value is now £250

 

I hope this clarifies things but let me know if I can help further. 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      21,293
    • Total Posts
      90,935
    • Total Members
      41,412
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    prue
    Joined 07/02/23 14:08
  • Posts

    • Look Ahead to 08/02/23: Oil inventories; TTEF, DIS, UBER and BDEV earnings Oil, tech, and the consumer are set to dominate the markets on Wednesday, with earnings from TotalEnergies (TTEF), EIA data, and results from Walt Disney (DIS) and Uber Technologies (UBER). Angeline Ong | Presenter, Analyst and Content Editor, London | Publication date: Tuesday 07 February             
    • 07 February 2023 Spot Gold The price of gold has extended its pullback from overbought territory over the last week and has found some near-term support at the 50-day simple moving average (50MA) (green line). Our preference remains to look for long entry on a bullish price reversal. A bullish reversal might be considered if we can see price closing above the 1875 level, provided that the 50MA is not broken with a price close below. Should the 50MA level be broken and the price reversal not confirm, 1820 becomes the next downside support target from the move. In this scenario we not looking to short gold but would rather be looking for a bullish price reversal closer to this level for long entry once again. Should either of these scenarios manifest we will update our guidance accordingly with resistance targets and stop loss considerations. Source: IG charts       Brent Crude Oil The bearish reversal off the 8770-level guided in our previous note has yielded a significant decline, although fallen short of the 7760-support target. The price now looks to be rebounding from oversold territory. Traders who have been short might consider this an indication to exit their trades. The longer-term trend bias is still considered down and should a bearish price pattern emerge before this level, new short entries might be considered. In this scenario a close above the 8770 level might be used as a stop loss consideration, while targeting a move back towards the support low at 7760 once again. Only on a move / close above the 8770 level would the longer-term trend bias be reassessed, and long trades reconsidered Source: IG charts         Our weekly technical report is compiled by in-house senior market analyst, Shaun Murison.
    • Hi, the basic package has a 15 minute delay.
×
×
  • Create New...