Weir Group Spread Betting
Where Can I Spread Bet on Weir Group? |
You are able to financial spread bet with zero commissions and no brokers' fees on Weir with an account from any of the following spread betting companies:
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| Broker Ratings - Sponsored by IG |
Weir Group Broker Ratings |
The following table takes the last 4 broker ratings/recommendations and gives a quick overview of the average target share price and creates an average broker rating for Weir Group:
| 12-Jun-13 |  | Buy | Based on last 4 Ratings | 2197 | 2590 | 17.89% |
A look at the latest Weir Group broker ratings:
| 12-Jun-13 | | Outperform | RBC Capital Markets | 2197 | 2700 | 22.90% | | 02-May-13 | | Outperform | RBC Capital Markets | 2110 | 2550 | 20.90% | | 02-Apr-13 | | Buy/Neutral | Goldman Sachs | 2232 | 3240 | 45.20% | | 22-Mar-13 |  | Sell | Societe Generale | 2228 | 1870 | -16.10% | | 14-Mar-13 | | Outperform | Exane BNP Paribas | 2446 | 2600 | 6.30% | | 28-Feb-13 | | Outperform | RBC Capital Markets | 2319 | 2550 | 10.00% | | 21-Feb-13 | | Overweight | JPMorgan | 2158 | 2500 | 15.80% | | 16-Jan-13 | | Outperform | RBC Capital Markets | 1943 | 2400 | 23.50% |
For the latest UK broker ratings see Daily Trading Tips.
The above list of Trading Tips / Broker Ratings is not an exhaustive list of broker recommendations. The above content does not constitute investment advice. All reasonable efforts have been made to present accurate information. Neither CleanFinancial.com nor any contributing company or individual accepts any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.
For the sake of clarity, where a broker reiterates a rating with an identical target price within two weeks of the preceding rating, the older identical rating will normally be removed.
Advert:
Weir Group Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Weir Group with
Financial Spreads.
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Where Can I Find Live Spread Betting Prices and Charts for Weir Group? |
The real-time CFD trading chart below provides you with a handy overview of the Weir share price.
The above Plus500 chart is usually based on the near-term Weir futures price.
Should you want to review live spread betting charts and the current prices for Weir, you will need to apply for a spread trading account.
In addition, a spreads account also lets you access daily markets. Note that opening such an account is subject to status.
If your application is approved then, once logged on, you will be able to see the real time trading prices and charts. These are normally provided as part of the service. The catch is that you are likely to get the occasional sales call and/or email from your chosen spread trading company.
If you do decide to trade then, before you start, be aware that financial spread trading and CFDs carry a significant level of risk and losses can exceed your initial deposit.
Professional Charting Packages for Weir |
Whilst charting software/packages vary from firm to firm, to help you with your trading analysis, the majority of charts usually have features and tools such as:
- A large range of intervals such as 2 minutes, 30 minutes, 2 hours and so on
- Various displays such as line charts and candle charts
- Tools for drawing and adding features such as Trendlines, Fibonacci Time Zones, Arcs and Fans
The charts from FinancialSpreads.com also have other benefits:
- Back Testing, Tailored Indicators and Analysis tools
- Useful overlays such as Parabolic SAR, Ichimoku Clouds, Linear Regression and so on
- Over 30 secondary charts such as Historical Volatility, Relative Strength Index (RSI), % Price Oscillator and so on
- Customised email alerts for when the markets hit a pre-set level
Example shares chart from FinancialSpreads
The spread trading brokers in the list below give clients access to live prices/charts:
Where Can I Spread Bet on Weir Group for Free? |
Investing in the financial markets isn't without risk. Nevertheless, if you want to try a Practice Account (free), that lets you try out spread trading on a large range of markets, please see below for further details.
Furthermore, don't forget that spread trading in the UK is currently exempt from income tax, stamp duty and capital gains tax*.
If you are interested in a free financial spread betting website, you should keep in mind that investors are able to take a view on Weir without brokers' fees or commissions with:
If you're interested in a free Demo Account which lets users get a better understanding of financial spread betting, and trading markets like Weir, then you could always look into:
The spread trading companies listed above currently offer a free Test Account that lets investors gain experience with an array of orders, look at professional charts and test ideas.
How to Spread Bet on Weir Group? |
If an investor wants to invest in UK listed companies like Weir then one option could be spread betting on the Weir share price.
Looking at a financial spread betting site like Selftrade Markets, you can see that they have put the Weir Rolling Daily market at 1825.0p - 1829.0p. Therefore, an investor could put a spread bet on the Weir shares:
 Increasing higher than 1829.0p, or
 Decreasing lower than 1825.0p
When spread trading on FTSE 350 equities you trade in £x per penny. As a result, if you decide to invest £5 per penny and the Weir shares move 34p then that would be a difference to your bottom line of £170. £5 per penny x 34p = £170.
Rolling Daily Shares Markets
It's important to note that this is a Rolling Daily Market and so unlike a normal spread betting futures market, there is no closing date. If your trade is open at the end of the day, it will just roll over into the next day.
If your position is rolled over and you are speculating that the market will:
Go up - then you will normally be charged a small financing fee, or
Go down - then a small payment is often credited to your account
For a worked example please see Rolling Daily Spread Betting.
Weir Rolling Daily - Equities Trading Example |
Now, if we continue with the above spread of 1825.0p - 1829.0p and make the assumptions:
- You've done your analysis of the company, and
- Your analysis leads you to feel that the Weir shares are likely to go above 1829.0p
Then you might choose to buy a spread bet at 1829.0p and risk £3 per penny.
With such a spread bet you win £3 for every penny that the Weir shares push higher than 1829.0p. Nevertheless, you will make a loss of £3 for every penny that the Weir market decreases lower than 1829.0p.
Considering this from another angle, if you buy a spread bet then your profit/loss is found by taking the difference between the settlement price of the market and the price you bought the spread at. You then multiply that difference in price by your stake.
Therefore, if after a few sessions the stock started to rise you might decide to close your spread bet so that you can lock in your profit.
If that happened then the spread, set by the spread trading firm, might move up to 1883.9p - 1887.9p. In order to close your position you would sell at 1883.9p. As a result, with the same £3 stake this trade would result in a profit of:
Profit / loss = (Settlement Price - Opening Price) x stake
Profit / loss = (1883.9p - 1829.0p) x £3 per penny stake
Profit / loss = 54.9p x £3 per penny stake
Profit / loss = £164.70 profit
Spread betting on shares is not always straightforward. In the above example, you wanted the share price to rise. However, the share price might fall.
If the Weir share price decreased, contrary to your expectations, then you might choose to close your position in order to restrict your losses.
If the spread dropped to 1783.3p - 1787.3p then this means you would settle your position by selling at 1783.3p. If so, that would mean you would lose:
Profit / loss = (Settlement Price - Opening Price) x stake
Profit / loss = (1783.3p - 1829.0p) x £3 per penny stake
Profit / loss = -45.7p x £3 per penny stake
Profit / loss = -£137.10 loss
Note: Weir Rolling Daily spread betting market quoted as of 19-Oct-12.
Advert:
Weir Group Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Weir Group with
Financial Spreads.
|
Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'Weir Group Spread Betting' by DB, updated 17-Jun-13
For related pages also see:
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Share trading review of the FTSE 100 companies. Our individual spread betting guides come with regular broker ratings, charts and live prices. Plus how to spread bet on FTSE 100 companies, share specific trading examples, where to...read article: Spread Betting on FTSE 100 Companies.
Barclays Spread Betting, updated 17-Jun-13
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Vodafone Spread Betting, updated 18-Jun-13
Vodafone spread betting and share trading guide with live prices and charts. Plus, broker recommendations on Vodafone, where to spread bet on the shares tax-free* and commission-free, how to trade the UK company and...read article: Vodafone Spread Betting.
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