International Consolidated Airlines Group (ICAG) is a leading international airline group that was founded in January 2011. The company listed its shares on the London Stock Exchange and on the Madrid Stock Exchange under the ticker symbol ICAG in October of that same year.
Currently, ICAG holds an impressive market capitalization of 8.12 billion pounds sterling making it one of the leading airline companies in the world. The company has a broad base of operations, with more than four hundred aircrafts and over three hundred destinations in seventy countries.
International Consolidated Airlines Group (ICAG) has seen a great deal of price volatility over the last 5 years. The highest price recorded was €5.40 on 15th June 2018 and the lowest being €1.01 on 2nd October 2020 - an incredible drop-off in such a short period of time.
This trend highlights the need to remain vigilant when trading ICAG. As the saying goes, 'the trend is your friend' - so keep an eye out for any potential opportunities! But remember to always exercise caution in volatile markets and make sure you do your own research before making any decisions.
Trading ICAG can be a great way to gain exposure to the airline industry and international markets. The stock is also relatively liquid and has seen some impressive gains over the past few years. However, if you're looking for an alternative way to get involved in the sector without investing directly in ICAG, there are a few options available.
One option is to consider investing in ETFs that focus on the airline industry. These funds offer exposure to a wide range of companies in the industry, including some of ICAG's major competitors. This gives investors diversification and potentially higher returns than investing directly in ICAG alone.
Another option is to look at CFDs related to the sector. With CFDs, you can take both long and short positions on the stock, giving you more flexibility in your trading strategy. You can also use leverage to increase your profits while managing your risk. However, this type of investing is only suitable for experienced investors as it comes with a higher level of risk.
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* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.