Akzo Nobel NV (AKZA)

Akzo Nobel NV (AKZA)


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Akzo Nobel NV (AKZA) Profile

Akzo Nobel NV (AKZA.xams) is a Dutch multinational specialty chemicals manufacturer headquartered in Amsterdam, the Netherlands. Akzo Nobel provides human and animal healthcare products, coatings, and chemicals to more than 80 countries globally. The Dutch manufacturer has 32200 employees and operating through an extensive portfolio of brand names, including Dulux, Bruguer, Tintas, Coral, Sadolin, Levis, Vivexrom, and Marshall. Akzo Nobel NV (AKZA.xams) is listed on the Euronext as an Amsterdam Exchange Index (AEX) constituent, has a €17.68B (EUR) and €8.53B (EUR) in 2020 yearly revenues. In July 2021, Mercedes-Benz and Akzo Nobel extended their partnership agreement. Akzo Nobel NV (AKZA.xams) will continue the supply of vehicle refinish products and services in China and Indonesia for another four years.

Akzo Nobel NV (AKZA.xams): Trade a Contract for Difference (CFD) on AKZA.xams and speculate on the share price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset value (share price) without the need to purchase the actual stock. Investors are trading the difference in the value of security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
10:00 - 18:30
Mon
10:00 - 18:30
Tue
10:00 - 18:30
Wed
10:00 - 18:30
Thu
10:00 - 18:30
Sun
Closed
Sat
Closed

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Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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