Trade Eurasian Natural Resources Shares

Eurasian Natural Resources (ENRC.L)

About

ENRC is a leading diversified natural resources group with fully integrated mining, processing, energy and transport operations. This transformation has produced a thriving international business with annual revenue in excess of US$4.1bn, capital expenditure of around US$900m in 2007 and over 67,000 employees.

Industry

General Mining

Website

www.enrc.com

Trading Options

Financial Spread Betting
Contracts For Difference
Share Dealing / Stockbroker

Eurasian Natural Resources and Market Latest News

Yahoo! Finance: ENRC.L News
Zamin Ferrous considers London flotation - report (Reuters MOLT)
Zamin Ferrous considers London flotation-FT (Other)
Weak banks, miners drag FTSE down; defensives up (Other)
PRESS DIGEST - British business press - July 14 (Other)
Frank Timis sells 25pc of African Minerals (Other)
African Minerals, chaired by controversial resources investor Frank Timis, surged 14pc after agreeing to sell a quarter of the business to a Chinese steel-maker.
Banks, commods help FTSE to 6th day of gains (Other)
FTSE pushes higher led by banks, oils, miners (Other)
Miners weigh on FTSE 100 on lacklustre day (Other)
During a lacklustre day's trading on the benchmark index, not helped by the Independence Day holiday closing bourses on the other side of the Atlantic, a brief moment of excitement was provided courtesy of Eurasian Natural Resources Corporation (ENRC).
UPDATE 2-Ferrochrome price falls 4 pct in Q3 settlement (Other)
UPDATE 1-Ferrochrome price falls 4 pct in Q3 settlement (Other)
UPDATE 1-Kazakhstan to boost gold, steel output by 2015 (Other)
UPDATE 1-Kazakhstan eyes 2010 oil export duty, metals in 2011 (Other)
Copyright (c) 2010 Yahoo! Inc. All rights reserved.

Eurasian Natural Resources: 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 Eurasian Natural Resources shares (Eurasian Natural Resources share price is 300p). Supposedly, you think that Eurasian Natural Resources shares will go up by 10% in one month.

Calculations

Spread Betting

CFD

Share

Number of Shares Equivalent

6,667

6,667

333

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


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