Assignment on International Finance
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Added on 2020-05-16
Assignment on International Finance
Added on 2020-05-16
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RUNNING HEAD: FINANCEInternational finance
Finance 1List of StocksAustralia-based MNC Name of the Company Ticker SymbolAmount of Investment Price per share at purchase(17 November 2017)BHP Billiton LimitedBHP.AX$10,000.0027.12Westpac Banking CorporationWBC.AX$10,000.0031.85Foreign stocks (ADRs) Name of CompanyTicker symbol Country where company is basedAmount ofInvestment Price per share at purchase (17 November 2017)African Energy Resources LimitedAFR.AXUnited Kingdom $10,000.000.04GI Dynamics, Inc.GID.AXUnited States of America $10,000.000.03EvaluationPart 1(a) and (b)Week-1: 11/24/2017Name of the CompanyStock price at end of the week Percentage change in stock price Primary reasonBHP Billiton Limited27.973.13%BHP workers ended the strike over layoffs (Reuters.com, 2017).Westpac Banking Corporation31.51-1.07%African Energy Resources Limited0.03-25.00%Negative research notes put up by the analysts. GI Dynamics, Inc.0.030.00%no fluctuation because of private holding Portfolio (average) -5.73%
Finance 2Week-2: 12/01/2017Name of the CompanyStock price at end of the weekPercentage change in stock price Primary reasonBHP Billiton Limited27.58-1.39%Negative sentiments towards entireEnergy sectors. Westpac Banking Corporation31.560.16%financial gain to the bank make the Stock price to rise (Sier, 2017).African Energy Resources Limited0.0433.33%losses made are less as compare to Previous years.GI Dynamics, Inc.0.030.00%Private holding keep the stock stable.Portfolio (average) 8.02%Week-3: 12/08/2017Name of the CompanyStock priceat end of the weekPercentage change in stock price Primary reasonBHP Billiton Limited27.17-1.49%Company not operating efficiently. Westpac Banking Corporation31.570.03%Due to the last week announcement Of royal commission (Mithros, 2017).African Energy Resources Limited0.040.00%No activity is done by the company.GI Dynamics, Inc.0.030.00%no internal and external demand toAffect the prices.Portfolio (average) -0.36%
Finance 3Week-4: 12/15/2017Name of the CompanyStock price at end of the weekPercentage change in stock price Primary reasonBHP Billiton Limited27.711.99%Have earned profits. Westpac Banking Corporation31.570.00%No activity, keeping the stockStable. African Energy Resources Limited0.040.00%Occurring losses.GI Dynamics, Inc.0.030.00%private holding Portfolio (average) 0.50%Week-5: 12/22/2017Name of the CompanyStock price at end of the week Percentage changein stock price Primary reasonBHP Billiton Limited29.15.02%Provided more funds for the Brazil Environmental disaster (ABC News. 2017). Westpac Banking Corporation31.28-0.92%The stock falls due to the inefficient US Tax plans (Sier, 2017).African Energy Resources Limited0.040.00%Company was not operating efficiently.GI Dynamics, Inc.0.030.00%Making losses in the past years, keepsThe stock stable. Portfolio (average) 1.02%Week-6: 12/29/2017Name of the CompanyStock priceat end of Percentage change in stock price Primary reason
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