Question
Create an Investment Portfolio for the following companies Gullies Ltd, Smear fund and Claire Ltd given the following share prices determine which companies you will
Create an Investment Portfolio for the following companies Gullies Ltd, Smear fund and Claire Ltd given the following share prices determine which companies you will buy, sell or dispose shares and give a reason as to why the decision was made.
Buying and selling of shares will be based on every THURSDAY closing prices. Assume the following;
- The cost of opening an account is Kes 1,200
- Account monthly maintenance fee is Kes. 100.
- The minimum number of shares you can buy from each stock at a time is 100
Consider a transaction fee of 2 % and 1.8% for transactions worth less than Kes. 100,000 and Kes.100,000 and more, respectively for any purchase or sale of shares.
Date | Gullies Ltd | Smear fund | Claire Ltd |
20/5/2021 | 38.90 | 40.55 | 360 |
27/5/2021 | 40.35 | 42 | 360 |
3/6/2021 | 41 | 42 | 380 |
10/6/2021 | 41.25 | 42.85 | 380 |
17/6/2021 | 41.60 | 42.55 | 380 |
24/6/2021 | 40.95 | 43.65 | 405 |
1/7/2021 | 42 | 42.50 | 405 |
8/7/2021 | 41.40 | 45.50 | 405 |
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