When a stock trading on the london exchange is quoted 285.00 is that 285.00 pounds?

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2007-06-23 21:38:24 · 3 answers · asked by Modern Urban Samurai 2 in Business & Finance ➔ Investing

Actually I believe they're quoted in Pence (ie the stock in question would be worth 2.85 or around $5/shr).

2007-06-23 21:54:48 · answer #1 · answered by Adam J 6 · 0⤊ 0⤋

Of course, unless it is included in a bunch of data all converted to something else, like dollars.

2007-06-23 21:43:37 · answer #2 · answered by Mike1942f 7 · 0⤊ 0⤋

Nope. They are pence.

2007-06-23 22:49:52 · answer #3 · answered by noseque1984 2 · 1⤊ 0⤋