Personal Finance & Money Asked by Santa Claus on June 4, 2021
Living sometimes in Canada and sometimes in France, I use both Questrade and Degiro.
My question relates to the following stocks:
I don’t understand why these two stocks didn’t increase as much as each other.
Aren’t they supposed to represent the same asset on the Tokyo Stock Exchange?
From 19 Mar 2020 to 16 Feb 2021
This makes a difference of 56%, which seems a lot to me.
How can it be explained?
In your opinion, should the OTC market be preferred to foreign shares on the Frankfurt Stock Exchange? What are the advantages/disadvantages of one or the other?
SFTBY is quoted in US dollars. SFT is quoted in euro. You’re seeing the effect of a change in the exchange rates between the two currencies during the period.
Correct answer by Mike Scott on June 4, 2021
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