Live PriceLast checked at 22/07/2014 08:37:55 Share Price: 15.75 Bid: 15.50 Ask: 16.00 Change: 0.125 (+0.80%) Spread: 0.50 Spread as %: 3.23% Open: 15.625 High: 15.75 Low: 14.75 Yesterday’s Close: 15.625
Last checked at 21/07/2014 12:26:40 Share Price: 2.25 Bid: 2.22 Ask: 2.25 Change: -0.15 (-6.25%) Spread: 0.03 Spread as %: 1.35% Open: 2.30 High: 2.35 Low: 2.20 Yesterday’s Close: 2.40
Last checked at 21/07/2014 08:15:45 Share Price: 3.85 Bid: 3.80 Ask: 3.90 Change: 0.35 (+10.00%) Spread: 0.10 Spread as %: 2.63% Open: 3.55 High: 3.925 Low: 3.55 Yesterday’s Close: 3.50
Live PriceLast checked at 18/07/2014 16:28:11 Share Price: 12.00 Bid: 11.75 Ask: 12.25 Change: 2.625 (+28.00%) Spread: 0.50 Spread as %: 4.26% Open: 9.375 High: 12.875 Low: 9.25 Yesterday’s Close: 9.375
The spread is commonly expressed as the percentage difference between the bid and offer price with the offer used as the denominator, in other words for a company with bid and offer prices of 8p and 10p the spread is 20%. It is the profit the market maker would accrue if they sold you a stock and then immediately bought it back. As we elaborate later on in the article this is an important distinction since the percentage difference using the bid as the denominator is much more pertinent from the investor’s point of view, it being the amount a stock has to go up before they break even. In the above example the stock may be promoted/largely understood as having a 20% spread but the investor needs to make 25% to just break even.
The bid–offer spread (also known as bid–ask or buy–sell spread (in the case of a market maker), and their equivalents using slashes in place of the dashes) for securities (such as stocks, futures contracts, options, or currency pairs) is the difference between the prices quoted (either by a single market maker or in a limit order book) for an immediate sale (bid) and an immediate purchase (offer). The size of the bid-offer spread in a security is one measure of the liquidity of the market and of the size of the transaction cost.[1] If the spread is 0 then it is a frictionless asset
Last checked at 18/07/2014 12:53:34 Share Price: 2.45 Bid: 2.39 Ask: 2.45 Change: 0.00 (0.00%) Spread: 0.06 Spread as %: 2.51% Open: 2.60 High: 2.60 Low: 2.32 Yesterday’s Close: 2.45
Last checked at 18/07/2014 12:52:10 Share Price: 11.75 Bid: 11.50 Ask: 12.00 Change: 2.375 (+25.33%) Spread: 0.50 Spread as %: 4.35% Open: 9.375 High: 12.875 Low: 9.25 Yesterday’s Close: 9.375
Share Price: 0.35 Bid: 0.33 Ask: 0.37 Change: -0.025 (-6.67%) Spread: 0.04 Spread as %: 12.12% Open: 0.375 High: 0.375 Low: 0.34 Yesterday’s Close: 0.375