LONDON, July 12, 2012 /PRNewswire/ --
Between April and June this year, like-for-like sales fell by 2.8% in the Marks and Spencer clothing department within the UK, with 'stock issues' and 'wet weather' to blame.
CFD trading shares, such as Marks and Spencer's could enable you to maximise your potential profits for only a small initial deposit.
Below, we show you how.
Market Reaction: Falling Sales
Whilst figures shown declining sales for their clothing department in the UK, Marks and Spencer stated on Tuesday, 10 July that their short-term trading outlook remained 'challenging' and its existing guidance for the financial year 2012/13 remains unchanged.
So, how did the markets react to this mixed bag of news? Following the announcement, the Marks and Spencer share price rose 1.3% in early morning trading on July 10 and saw a steady incline through the morning.
How to Profit from Falling Sales
With this in mind, how do you plan to trade on the Marks and Spencer share price as it rises?
Unlike traditional trading, you could choose to trade CFDs (Contracts for Difference) for only a small initial deposit - a percentage between 1%-10% of the total value of Marks and Spencer's share price.
Trade CFDs on Rising Shares
With CFD trading provider City Index, you can trade CFDs on Marks and Spencer shares through their online and mobile trading platforms.
In a market that's rising, you would go long and buy. You will profit from every point that market rises.
Alternatively, if you believe that market will fall - you would go short and sell. You will profit from every point that the market falls.
However, it is important to remember that if the market moves against your position, you could incur a significant loss that's greater than your initial deposit.
Start Trading CFDs Online
It's easy to start trading CFDs online. Simply apply for an account today and soon you could be taking a position on popular markets such as indices, shares, currencies and many, many more.
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About City Index:
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.
As a group, we transact in excess of 1.5 million trades every month in over 50 countries. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, financial spread betting.
We constantly look to improve the performance of our platforms and expand our range of services. The result is our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer support. Visit http://www.cityindex.co.uk/ for details.
CFD trading is a leveraged product which can result in losses greater than your initial deposit. Ensure you fully understand the risks.
CFD trading is exempt from UK stamp duty. However, tax laws are subject to change and depend on individual circumstances. Please seek independent advice if necessary.
SOURCE City Index