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What does "5P, 10P" mean for LSE shares?

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  • What does "5P, 10P" mean for LSE shares?

    I noticed all LSE share symbols have something like 5P, 10P, 0.05$ in its symbol description. What does this mean?

  • #2
    Sounds like penny sterling: https://en.wikipedia.org/wiki/Penny_sterling

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    • #3
      That generally means the pence (penny) increment in which the instrument trades.

      AveryH
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