Trade British Energy Group Shares

British Energy Group (BGY.L)

About

A FTSE 100 company, British Energy Group plc is the UK’s largest producer of electricity and the lowest carbon emitter of the major UK electricity generators. With a dedicated workforce of about 6,000 skilled professionals, we produce around one-sixth of the nation's electricity.

Industry

Electricity

Website

www.british-energy.com

Trading Options

Financial Spread Betting
Contracts For Difference
Share Dealing / Stockbroker

British Energy Group and Market Latest News

Yahoo! Finance: BGY.L News
British Gas owner Centrica deserves applause, not blame (Other)
When it emerged BP would be forced into suspending its dividend after the recent Gulf of Mexico oil spill there was uproar.
Energy bills to rise as British Gas profits soar (Other)
Profits at British Gas jumped by more than three-quarters to £842m but its parent company, Centrica, still warned consumers that bills will rise this winter.
Energy bills to rise as British Gas profits soar (Other)
Profits at British Gas jumped by more than three-quarters to £842m but its parent company, Centrica, still warned consumers that bills will rise this winter.
British Gas profits leap thanks to bitter winter (Other)
The coldest winter for 30 years helped the UK's biggest energy firm almost double first-half profits.
New BP CEO vows sweeping safety improvements (AFP)
BP's new chief executive, Bob Dudley, vowed Tuesday to "change the culture" of how the company tackles safety issues in the wake of the Gulf of Mexico oil spill disaster.
European shares powered by bank results, BP news (AFP)
Europe's main stock markets climbed on Tuesday, after overnight US gains, as investors welcomed positive banking earnings and the departure of BP's under-fire boss Tony Hayward.
Payoff row looms as spill-tainted BP boss set to leave (AFP)
The expected imminent departure of BP chief executive Tony Hayward threatened to create a new transatlantic row over a payout up to 18.5 million dollars following the environmental disaster in the Gulf of Mexico.
FSA opens inquiry as Connaught seeks cash [at Financial Times] (FT Times)
A wide-ranging probe has been launched by the City watchdog into Connaught, the social housing maintenance company that on Monday suffered a 69 per cent plunge in its share price after a warning that it was in urgent need of additional funding.
BP 'still to decide' on Hayward in wake of oil spill (AFP)
BP said Monday no final decision has been reached on a change of management, after reports claimed chief executive Tony Hayward would resign in the wake of the Gulf of Mexico oil spill disaster.
Hayward expected to resign as BP looks to rebuild (AFP)
BP will sacrifice embattled chief executive Tony Hayward within days as it tries to rebuild its image in the aftermath of the Gulf of Mexico oil disaster, reports said Sunday.
WRAPUP 4-BP CEO Hayward nears exit; spill work resumes (Other)
BP CEO Tony Hayward nears exit - sources (Reuters MOLT)
BP CEO Hayward nears exit - sources (Reuters MOLT)
WRAPUP 3-BP CEO Hayward nears exit -sources (Other)
Preparations for BP well 'kill' operation move ahead (AFP)
Engineers moved ahead on Sunday with preparations for a well "kill" operation that officials hope will permanently plug the oil leak causing the worst US environmental disaster.
WRAPUP 2-BP resuming oil spill work as storm fizzles (Other)
WRAPUP 1-BP resuming oil spill work as storm fizzles (Other)
WRAPUP 8-BP to resume oil spill work as storm eases (Other)
WRAPUP 7-BP to resume oil spill work as storm eases (Other)
WRAPUP 6-BP to resume oil spill work as storm eases (Other)
Copyright (c) 2010 Yahoo! Inc. All rights reserved.

British Energy Group: Financial Spread Betting vs CFD vs Share Dealing

Table below compares Financial Spread Betting, Contract For Difference and Share Dealing trading. For simplicity we use the average brokerage fees to calculate the profit/loss if £1,000 available for investment in British Energy Group shares (British Energy Group share price is 1000p). Supposedly, you think that British Energy Group shares will go up by 10% in one month.

Calculations

Spread Betting

CFD

Share

Number of Shares Equivalent

2,000

2,000

100

Shares go up by 10% in 1 month, Gross Profit

£2,000

£2,000

£100

Commission to open position (buy)

£60

£15

£12

Commission to close position (sell)

£0

£15

£12

Total Commission

£60

£30

£24

Financing for one month (5% LIBOR rate)

£108

£108

£0

Tax (20% band)

£0

£372

£15 + £5 (Stamp Duty)

Net Profit

£1,832

£1,490

£56


British Energy Group: Financial Spread Betting and Contracts For Difference (CFDs) are margined (or leveraged) products and let you go long (buy) or short (sell) with British Energy Group shares, they are more suitable for short and medium term investments and cover a wide range of markets, including shares, indices, commodities and currencies. Share investing, on the other hand, is a conservative and old way of gaining financial independence and preserving capital. Even though some stockbrokers offer credit facilities it is very rare and not popular amongst private investors.

Risk Warning: Financial Spread Betting and Contracts For Difference (CFDs) are leveraged products and carry a high level of risk to your capital. You may lose more than your initial investment. Share price can go down as well as up and returns on investments are not guaranteed.