View Single Post
Old 07-05-2008, 21:40   #5977
tarka
Inactive
 
Join Date: May 2008
Posts: 86
tarka is on a distinguished roadtarka is on a distinguished road
Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]

Quote:
Nah the market closes at the last trade price (buy or sell) or at least that is what it has been doing for the last 3 months with Phorm stock (which is when I started to monitor it). Seems this was just a late posting and hasn't been updated on the markets yet.
It gets reported differently, for example look at the google or yahoo charts and the price they quote in text is the last trade and shows as the closing price as you say, but look at the chart and that shows a different price.

Although I think I have confused the original query. As you say it is possible that the trade was reported late. Reuters update their end of day data twice a day, the second update is a few hours delayed and provides adjusted figures for exactly this sort of thing.

T
tarka is offline