GlaxoSmithKline plc (GSK)

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GlaxoSmithKline PLC Profile

GlaxoSmithKline plc (GSK) was founded in London, England and established in 2000. GSK, according to Forbes, was the sixth largest pharmaceutical company in 2019. They provide a wide range of prescribed vaccines , consumer healthcare products and prescription medicines. GlaxoSmithKline (GSK) has a market capitalization of 71.57B USD. GSK has begun a few collaborations through the COVID-19 pandemic. Some of the them are Cananadian biopharmaceutical company, Medicago, CureVac. Also Gsk has announced an agreement in principle to support the manufacture of up to 60 million doses of Novavax’s COVID-19 vaccine candidate for use in the UK. Gsk is traded on the London Stock Exchange (LSE) and the Financial Times Stock Exchange index (FTSE 100) trading in regular trading session schedule (EST).

Holding cost
Long
-5%
Short
-2.5%
Trading hours in UK Time
Fri
08:00-16:30
Mon
08:00-16:30
Tue
08:00-16:30
Wed
08:00-16:30
Thu
08:00-16:30
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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