Sunday, 19 February 2012

Session 1 for Professional Practice Blue Phase

In this lesson, we have had discussion about our chosen company's progress that we will monitor every week together with FTSE 100. Each of us were asked to bring 'Financial Times' along to be able to understand very well how the market works. I have learned how to calculate the index of the weekly value together with understanding how much are the prices indicated in each section (which are in pence). In order to have further understanding towards the topic, Jay have prepared the 'this is money' site in the scheme of work. 'This is money' website helps us to know what company will be suitable for us to monitor as too big and too small company will give us difficulties in doing this module. The website have variety of company together with their updated daily performance (the share prices; which shows whether the company's progressing well or not). It also has the FTSE 100 which I can look st every week to see the changes on the Market's progress.

This is a screen shot I've got from 'This is money.co.uk' this shows the share price of my chosen company as well as the percentage and change which I have to calculate and get each of their index with the FTSE 100 value. This task shows me further knowledge regarding of how/which company is best to choose in terms of buying shares. It is very helpful in the future when I finish my studies and decides to have my own business or if I want to invest to companies. The reason for this is because I would be able to identify how are the companies doing well and the value of FTSE 100 which will show whether it is the right times to introduce a new business to the mass. I would be able to identify these if I would monitor my chosen company weekly together with the FTSE 100.

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