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Mondi

A trading opportunity for you?

Will Mondi break support, or will it rise again back to 2,250p August highs?

  • Mondi has bounced off February support level at 1,758p
  • Bounced 3 times, most recently bouncing off the support zone last week.
  • Now trading 1,788p (at time of writing)
  • Recent results (11 Oct) pleased investors, with pre-tax profit rising 30% YoY thanks to higher selling prices, cost-cutting and M&A.
  • Analysts at Jefferies say Mondi is their top pick with the brokerage reiterating a “Buy” rating.
  • Will the pattern repeat itself, bouncing up again towards 2,250p recent highs?
  • Shares -20% from 2018 highs; +2.5% off 2018 lows; -7.5% year-to date
  • Source: Bloomberg, FT, Reuters, DJ Newswires

Click to enlarge

Trading Mondi – An Example

Let’s say you like the Mondi trend, you think it’s heading back towards 2,250p again. You decide to buy exposure to £10,000 worth of Mondi  using a CFD, at the current price of 1,788p. To do this, you need £2,000.

Let’s assume Mondi recovers back to 2,250p (+25.8%). Your profit would be £2,580, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss 10% below the current price. Mondi  falls 10% and hits your stop-loss. Your loss would be £1,000.

This is provided for information purposes only. It should not be taken as a recommendation.

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

Prepared by Michael van Dulken, Head of Research
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
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