Porsche Automobil Holding SE (PAH3)

Porsche Automobil Holding SE (PAH3)


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Porsche Automobil Holding SE Profile

Porsche Automobil Holding SE (PAH3.xetr) is a German multinational corporation headquartered in Stuttgart, Germany. Porsche SE is primarily known as a holding company of Volkswagen Group with investments in the automotive industry. The company manufactures luxury and precise-handling sports cars and electric vehicles (EV), operating through more than 650 dealers globally. Porsche SE is traded on the Frankfurt Stock Exchange (FWB), has a $27.7B (USD) market cap, and employs 36,359 as of 2020. Porsche Automobil Holding SE had a record year in 2020 since it has sold 272,162 cars worldwide, a drop of only 3% from 2019's record figures. Following Volkswagen’s continuous aggressive spendings on electric vehicle technology, Porsche is represented by the Porsche Tycan model in the EV industry; it ranks third among the electric vehicle manufacturers, just before Tesla and the industry’s leader Hyundai - represented by the Porsche Tycan EV.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in CET Time
Fri
09:00-17:30
Mon
09:00-17:30
Tue
09:00-17:30
Wed
09:00-17:30
Thu
09:00-17:30
Sun
Closed
Sat
Closed

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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, εμπορεύματακαι foreign exchangeκαι δείκτες.

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