louisoh

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Sembcorp Industries Ex-Entitlement (09/09/2020)

louisoh posted a question in IG Trading Support - Dealing Questions

Hi, for the case of Sembcorp Industries that went Ex-Entitlement today (09/09/2020) - If someone would have shorted the stock yesterday, how will the profit be calculated? The Stock opened at $1.01 today, previous close at $1.91.
- September 9, 2020

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.

The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.

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