CSL Ltd (CSL.xasx)

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CSL Ltd (CSL.xasx) Profile

CSL Limited is a leading global biotech company that researches, develops, manufactures, and markets influenza vaccines with headquarters in Melbourne, Australia. CSL's product areas include blood plasma derivatives, vaccines, antivenom, and cell culture reagents used in various medical and genetic research and manufacturing applications. Therapeutic Goods Administration has approved CSL to manufacture 832,000 doses of the Oxford-AstraZeneca Covid-19 vaccine as of March 2021. CSL also made a contract with the Australian Government to produce 50 million doses of the vaccine. CSL provides medicines in more than 60 nations with over 17,000 employees globally. CSL Inc. has announced that it will be increasing its dividend in December 2021 to US$0.54. CSL company is considered one of the top three most valuable biotech companies worldwide, with a market cap of US$143.18B as of November 2021 and a full-year net profit of US$2.37B. The CSL stock is listed on New York Stock Exchange (NYSE) and traded as an S&P and ASX 200 component.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
16:30 - 23:00
Mon
16:30 - 23:00
Tue
16:30 - 23:00
Wed
16:30 - 23:00
Thu
16:30 - 23:00
Sun
Closed
Sat
Closed

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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Source - database | Page ID - 9666

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