Trade National Grid Shares

National Grid (NG.L)

About

National Grid is an international electricity and gas company and one of the largest investor-owned energy companies in the world. They play a vital role in delivering gas and electricity to many millions of people across Great Britain and northeastern US in an efficient, reliable and safe manner.

Industry

Multiutilities

Website

www.ngtgroup.com

Trading Options

Financial Spread Betting
Contracts For Difference
Share Dealing / Stockbroker

National Grid and Market Latest News

Yahoo! Finance: NG.L News
UPDATE 1-UK gas firms as North Sea maintenance approaches (Other)
UK gas firms as North Sea maintenance approaches (Other)
Tuesday tips round-up: Pearson, Pace, Dana (ShareCast)
The good news for its shareholders is that Pearson tends to generate the majority of its profits in the second half, even though yesterday it was striking a cautionary note, given the uncertainty in the market.
Tuesday tips round-up: Pearson, Pace, Dana (ShareCast)
The good news for its shareholders is that Pearson tends to generate the majority of its profits in the second half, even though yesterday it was striking a cautionary note, given the uncertainty in the market.
Ofgem will change rules to boost 'smart grids' [at Financial Times] (FT Times)
Ofgem is to change its rules to make it easier for energy companies to raise from customers the £32bn needed to help modernise the electricity grid, in an abrupt reversal of the principles of post-privatisation regulation.
UPDATE 2-UK's Ofgem may change rules to boost power grid (Other)
WRAPUP 1-Upbeat grid operators show benefits of regulation (Other)
National Grid confident on year (Reuters MOLT)
UPDATE 1-National Grid confident on year (Other)
Gas recovery aids National Grid (ShareCast)
An improvement by its gas distribution business has kept National Grid on track to hit targets this year.
FTSE seen opening higher (Reuters MOLT)
Week Ahead: BP, Reckitt Benckiser, ARM (ShareCast)
More than one-fifth of the constituents of the FTSE 100 index are set to make trading statements in the last week of July so there is heavy competition for attention, but there is little doubt that the second quarter update from oil giant BP is the one the market and the press are most eagerly anticipating.
FTSE 100 movers: Footsie rises on the back of strong miners (ShareCast)
Mining stocks lead the surge in the Footsie as copper inventories continue to decline.
London midday: Glaxo sales in line (ShareCast)
Equities ended the morning session in consolidation mode, holding on to the gains racked up in the first two hours of trading, when traders were enthused by the Reckitt Benckiser bid for SSL and forecast busting results overnight from Apple.
Bid for Dimension rekindles acquisition talk in tech sector [at Financial Times] (FT Times)
A bid for Dimension Data put technology stocks in focus on Thursday as the FTSE 100 recorded a second successive decline.
London afternoon: Stocks perk up slightly (ShareCast)
London's leading shares are posting minimal gains in afternoon deals with Wall Street expected to start higher.
London afternoon: Stocks just above flat (ShareCast)
London's leading shares are posting minimal gains in afternoon deals with Wall Street seen starting in lacklustre fashion.
London midday: Footsie recovers equilibrium (ShareCast)
Leading shares are mixed, with laggards marginally in the majority among FTSE 100 constituents although the index itself ended the morning in positive territory.
UPDATE 1-UK's Heysham 1-2 nuclear power unit restarts (Other)
Leading groups hit by dearth of suitable chairmen [at Financial Times] (FT Times)
British companies are facing a shortage of suitably qualified chairmen as candidates see better options outside the UK, according to MWM Consulting, a City headhunter.
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National Grid: 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 National Grid shares (National Grid share price is 850p). Supposedly, you think that National Grid shares will go up by 10% in one month.

Calculations

Spread Betting

CFD

Share

Number of Shares Equivalent

2,353

2,353

118

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


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