QUOTE(sentro2020 @ Jan 27 2009, 12:04 PM)
may i know how to look at the prices ??
long time ago, i see the stock thing from TV when i small
its like RM8.00 = RM8k each unit
RM0.50 = rm500 each unut
if i buy rm8 5 unit means = rm8k x 5= rm40k
If the stock price increase to rm45k n i sell, mean i earn rm5k
am i right ?
The prices reflect the value of each share. If the price is stated as RM8, it means each share is RM8.
Most of the time, people buy shares in lots, as it is easier to handle. Last time, 1 lot = 1000 shares. Nowadays, 1 lot is generally equal to 100 shares.
So, if the price is RM8 and you bought 100 shares (1 lot), you have to pay RM800:
RM8 x 100 shares (1 lot) = RM800
If the share price then increases to RM9, your profit is RM 100:
RM9 x 100 shares (that you hold) = RM900
This post has been edited by kmarc: Jan 27 2009, 02:32 PM