Trade Fresnillo Shares

Fresnillo (FRES.L)

About

The Fresnillo Group is a leading precious metals company with significant experience and expertise in all aspects of mining, from exploration through to mine construction and operation. It is the world's largest primary silver producer and Mexico's second largest gold producer.

Industry

Platinum & Precious Metals

Website

www.fresnilloplc.com

Trading Options

Financial Spread Betting
Contracts For Difference
Share Dealing / Stockbroker

Fresnillo and Market Latest News

Yahoo! Finance: FRES.L News
London close: Lead slashed as miners fail (ShareCast)
A big chunk of the morning's hard-fought gains went up in smoke late in the session as an early rally on Wall Street quickly turned into nothing.
FTSE 100 movers: Banks higher on European results (ShareCast)
Banks are leading the market higher after good results from their European counterpart UBS.
London midday: Shares edge higher (ShareCast)
London's blue chips are still edging higher, with banks leading the way after Swiss peer UBS beat earnings estimates.
FTSE higher as banks rally on results and Basel (Reuters MOLT)
FTSE higher as banks rally on results, Basel (Other)
London mid-morning: Banks buoy Footsie (ShareCast)
Banks are helping to keep Footsie in the blue after their Swiss peer UBS beat earnings estimates.
Mexican miner Penoles delays report of Q2 results (Other)
Market overview: Higher close after late jump (ShareCast)
1630: Close Footsie put a sluggish start to the day behind it to close with good gains.
London close: US gives Footsie a lift (ShareCast)
Sentiment improved after the US open following a sluggish start, helping Footsie close with modest gains.
Banks lead FTSE to highest close in 10 weeks (Reuters MOLT)
Banks lead FTSE to highest close in 10 weeks (Other)
Market overview: Footsie gets US lift (ShareCast)
1630: Close Footsie put a sluggish start to the day behind it to close with good gains.
FTSE 100 movers: Pearson leads way on earnings optimism (ShareCast)
Trading statements are driving the risers today with FT owner Pearson the best performer after its bullish half-year numbers and comments.
London mid-morning: Footsie seeking direction (ShareCast)
Market Movers techMARK 1,665.00 +0.17% FTSE 100 5,311.45 -0.02% FTSE 250 10,100.67 +0.07%
FTSE 100 movers: Banks fall back (ShareCast)
HSBC and Standard Chartered are among the shares pulling Footsie lower as the banks await European stress test results.
FTSE 100 movers: (ShareCast)
HSBC and Standard Chartered are among the shares pulling Footsie lower as the banks await European stress test results.
European shares gain, led by banks and miners (Other)
London close: US gloom floors Footsie (ShareCast)
Footsie closed in the red going into the weekend despite a good start as early optimism in the US earnings season gave way to doubts.
FTSE 100 movers: BP rise tempers overall decline (ShareCast)
Footsie remains lower despite good news from BP.
London mid-morning: Updates cheer investors (ShareCast)
Company news has been well-received today, helping lift Footsie into the blue.
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Fresnillo: 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 Fresnillo shares (Fresnillo share price is 200p). Supposedly, you think that Fresnillo shares will go up by 10% in one month.

Calculations

Spread Betting

CFD

Share

Number of Shares Equivalent

10,000

10,000

500

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


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