2006-07-10 14:34:50 · 7 answers · asked by Operation C 1 in Business & Finance ➔ Investing
The stock exchange show the prices of shares in pence (p). Some shares can be worth very little or can have a value including a half or quarter penny. If the value was shown in pounds it would be more difficult to read.
2006-07-10 20:02:45 · answer #1 · answered by Flick W 2 · 0⤊ 0⤋
The first respondent is correct, it's pence (there are 100 of them to the pound in case anyone doesn't know). This is because stocks can alter their value by fractions of a penny and therefore a decimalised punds figure would look really odd.
2006-07-11 03:00:39 · answer #2 · answered by nkellingley@btinternet.com 5 · 0⤊ 0⤋
the p stands for pence and not pounds
2006-07-11 11:51:26 · answer #3 · answered by midnight hippo 1 · 0⤊ 0⤋
I think that that means pounds (not weight, but British currency)
2006-07-10 21:38:29 · answer #4 · answered by tooqerq 6 · 0⤊ 0⤋
P= pennies!
2006-07-10 21:38:03 · answer #5 · answered by ? 4 · 0⤊ 0⤋
pound
2006-07-10 21:39:52 · answer #6 · answered by Elaine F 5 · 0⤊ 0⤋
pence not pounds (£)
2006-07-11 19:49:11 · answer #7 · answered by Vivien W 3 · 0⤊ 0⤋