How To Calculate Stock Profit Singapore
How To Calculate Stock Profit Singapore , The below table will breakdown the costs involve when buy/ sell Stock in Singapore
Commissions rate may differ from broker.
Buying
I will use the Counter below as an Example
| Description | Definition | Rates / Volume / Charges | Formulae | Calculation | |
|---|---|---|---|---|---|
| Market Price (A) | Current price at Market | SGD 0.75 | NA | NA | |
| Quantity (B) | Quantities that you would like to Buy / Sell | 20,000 | NA | NA | |
| Basic Cost (C) | NA | NA | (A) x (B)
Market Price x Quantity 0.75 x 20,000 |
SGD 15,000 | |
| Brokerage Charges ( Subjected to different Broker & Trading Type) (D) | Commissions that the Broker Charges | 0.25% / Minimum Commission $S25
the Higher computation will be taken |
(C) x ( 0.25/100)
Basic Cost x ( 0.25/100) SGD15,000 x ( 0.25/100)= SGD37.5 Since SGD37.5 > Minimum Commissions S$25 SGD37.5 will be charged |
SGD37.50 | |
| Clearing Fee (E) | The Central Depository (CDP) acts as a central counterparty (CCP) to all trades executed on the SGX-ST Trading Engine, as well as privately negotiated married trades that are reported to SGX-ST.
Being the CCP, CDP assumes the role of seller to the buying Clearing Member and buyer to the selling Clearing Member. CDP therefore takes the buyer’s credit risks and assumes seller’s delivery risks. This inter-posing of CDP as the CCP eliminates counterparty risk for market participants. In so doing, CDP acts as a risk management hub for the Singapore equity market. Source From SGX |
0.0325% | (C) x ( 0.0325/100)
Basic Cost x ( 0.0325/100) SGD15,000 x ( 0.0325/100)= SGD4.88 |
SGD4.88 | |
| Settlement Fee (F) |
Source UOB |
SGD$0.35 | NA | SGD 0.35 | |
| SGX Trading Access Fee (G) | NA | 0.0075% | (C) x ( 0.0075/100)
Basic Cost x ( 0.0075/100) SGD15,000 x ( 0.0075/100)= SGD1.13 |
SGD1.13 | |
| GST (H) | Go | 7.00% | (broker Fees + Clearing Fees + SGX TradingFee + settlement Fee) x (7/100)
(D+E+F+G) x (7/100) (SGD37.50+SGD4.88+SGD 0.35+SGD1.13)x(7/100) =SGD3.07 |
SGD3.07 | |
Total Buying Cost |
Basic Cost +Broker Fees + Clearing Fees + SGX TradingFee + settlement Fee +GST
SGD 15,000+SGD37.50+SGD4.88+SGD 0.35+SGD1.13 +SGD3.07 |
SGD 15046.93 | |||
After 3 Months holding, Share Price increase to SGD0.90 , and you decided to sell
Selling
I will use the Counter below as an Example
| Description | Definition | Rates / Volume / Charges | Formulae | Calculation | |
|---|---|---|---|---|---|
| Market Price (A) | Current price at Market | SGD 0.90 | NA | NA | |
| Quantity (B) | Quantities that you would like to Buy / Sell | 20,000 | NA | NA | |
| Return (C) | NA | NA | (A) x (B)
Market Price x Quantity 0.75 x 20,000 |
SGD 18,000 | |
| Brokerage Charges ( Subjected to different Broker & Trading Type) (D) | Commissions that the Broker Charges | 0.25% / Minimum Commission $S25
the Higher computation will be taken |
(C) x ( 0.25/100)
Basic Cost x ( 0.25/100) SGD18,000 x ( 0.25/100)= SGD37.5 Since SGD45.00 > Minimum Commissions S$25 SGD45.00 will be charged |
SGD45.00 | |
| Clearing Fee (E) | The Central Depository (CDP) acts as a central counterparty (CCP) to all trades executed on the SGX-ST Trading Engine, as well as privately negotiated married trades that are reported to SGX-ST.
Being the CCP, CDP assumes the role of seller to the buying Clearing Member and buyer to the selling Clearing Member. CDP therefore takes the buyer’s credit risks and assumes seller’s delivery risks. This inter-posing of CDP as the CCP eliminates counterparty risk for market participants. In so doing, CDP acts as a risk management hub for the Singapore equity market. Source From SGX |
0.0325% | (C) x ( 0.0325/100)
Basic Cost x ( 0.0325/100) SGD18,000 x ( 0.0325/100)= SGD5.85 |
SGD5.85 | |
| Settlement Fee (F) |
Source UOB |
SGD$0.35 | NA | SGD 0.35 | |
| SGX Trading Access Fee (G) | NA | 0.0075% | (C) x ( 0.0075/100)
Basic Cost x ( 0.0075/100) SGD18,000 x ( 0.0075/100)= SGD1.13 |
SGD1.35 | |
| GST (H) | Go | 7.00% | (broker Fees + Clearing Fees + SGX TradingFee + settlement Fee) x (7/100)
(D+E+F+G) x (7/100) (SGD45.00+SGD5.85+SGD 0.35+SGD1.35) x (7/100) = |
SGD3.68 | |
Total Return After Selling |
Basic Cost -[Broker Fees + Clearing Fees + SGX TradingFee + settlement Fee +GST]
SGD 18,000-[SGD45.00+SGD5.85+SGD 0.35+SGD1.35 +SGD3.68] |
SGD 17943.77 | |||
Calculate Profit and Loss
Profit & Loss Total = Return After Selling – Total Buying Cost = SGD 17943.77 – SGD 15046.93 = SGD 2896.84
Transaction Cost
Transaction Cost Involve = (SGD18000 – SGD17943.77 ) + (SGD15046.93 -SGD15000) = (SGD56.23+SGD46.93)=SGD 103.16
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