Trade British Sky Broadcasting Shares

British Sky Broadcasting (BSY.L)

About

With one of the UK’s most recognised brands, Sky is well placed to bring together a range of products that meet the whole family's entertainment and communications needs.

Industry

Broadcasting & Entertainment

Website

www.sky.com

Trading Options

Financial Spread Betting
Contracts For Difference
Share Dealing / Stockbroker

British Sky Broadcasting and Market Latest News

Yahoo! Finance: BSY.L News
Sky's HBO deal is sign of a new direction (FT Times)
British Sky Broadcasting has bought the rights to all HBO dramas for the next five years in a sign that the satellite broadcaster is reducing its reliance on sports such as Premier League football where it faces stiffer competition from rivals such as BT.
Sky Boss: 'I Guarantee We Won't Become Fox'
Sky News will not become a clone of its American sister channel Fox News, the BSkyB boss has said.
Sky nears its target of 10m customers (Other)
News Corp bid challenged as pre-tax profits more than double.
London afternoon: Footsie off the top (ShareCast)
The Footsie drifted lower over the lunch time session though still remained in positive territory, thanks in large part to enthusiastic responses to results from heavy hitters AstraZeneca, BT and Reed Elsevier.
Sector movers: Media stocks move higher (ShareCast)
Updates from the media sector have been given an enthusiastic reception.
Sky Signs Exclusive Deal To Give HBO New Home
Sky has signed a deal to become the exclusive UK home for programmes from US channel HBO.
BSkyB Announces Pre-Tax Profit Of £1.17bn
BSkyB has revealed it made a pre-tax profit of £1.17bn for the year to the end of June.
Upbeat UK corporate earnings lift FTSE 100 (Reuters MOLT)
Upbeat UK corporate earnings lift FTSE 100 (Other)
FTSE rises as investors cheer corporate results (Reuters MOLT)
Pay-TV giant BSkyB reports soaring annual profits (AFP)
British pay-TV giant BSkyB said Thursday that annual net profits more than trebled as it closed in on its target of 10 million customers.
BSkyB signs deal with HBO (FT Times)
BSkyB customers will be able to watch HBO's new television programmes starting this autumn after the UK's biggest pay-TV company agreed a partnership with the US channel.
London mid-morning: Updates cheer investors (ShareCast)
The stream of second quarter company updates has picked up pace today giving traders plenty to ponder. The reception has been mostly positive and Footsie sits in the blue.
FTSE rises as investors cheer UK corporate results (Other)
BSkyB taps High Definition demand and signs HBO deal (Reuters MOLT)
UPDATE 2-BSkyB taps High Definition demand, signs HBO deal (Other)
BSkyB adds 90,000 new customers in fourth quarter (Reuters MOLT)
HD boosts BSkyB figures (ShareCast)
Pay TV and internet service provider British Sky Broadcasting posted slightly better than expected full-year figures but warned that the economic outlook remains uncertain.
HD boosts BSkyB full-year figures (ShareCast)
Pay TV and internet service provider British Sky Broadcasting posted slightly better than expected full-year figures but warned that the economic outlook remains uncertain.
UPDATE 1-BSkyB adds 90,000 new customers, full-year in line (Other)
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British Sky Broadcasting: 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 Sky Broadcasting shares (British Sky Broadcasting share price is 500p). Supposedly, you think that British Sky Broadcasting shares will go up by 10% in one month.

Calculations

Spread Betting

CFD

Share

Number of Shares Equivalent

4,000

4,000

200

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 Sky Broadcasting: Financial Spread Betting and Contracts For Difference (CFDs) are margined (or leveraged) products and let you go long (buy) or short (sell) with British Sky Broadcasting 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.