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Here at FxPro, we’re delighted to offer our clients the opportunity to invest in BASF SE, through our CFDs Product. This is the largest chemical concern in Germany and in the world.
According to the official open sources, the company’s history began in 1865. Headquarters is located in Ludwigshafen, Germany.
“Chemistry for life” is a key motive for the work of BASF SE.
From 1925 to 1952 the company was part of the German chemical concern IG Farben. 72% of BASF SE shares are owned by institutional investors (among which AXA SA is more than 5%, Allianz AG 2.6% and General Capital Group 2.1%).
In 2005, on the year of the company’s 140th anniversary, the largest Verbund plant in Nanjing China was opened, and the Nord Stream gas pipeline was launched, connecting Northern Europe with Russia. At the same time, a service center began to operate in Malaysia, providing customer support to 15 countries among the Asian region.
The concern has 160 subsidiaries in Europe, America and Asia also maintains contacts with 170 countries and produces more than 7’000 products. BASF SE sells about 60% of its production in Europe (including 21.2% in Germany), 21.5% - in the USA and 5.3% - in South America. Asia, Africa, and the Pacific zone account for 15.9% of production. The manufacturing area in Ludwigshafen is occupied more than 11 km2.
At the beginning of the 20th century, newspaper reporters called BASF SE “the greatest employer”: in 1910 more than 8’000 people were working for the company. By 1926, the total number of personnel has reached 42’000.
Today this brand is listed on the FWB и NYSE and its name is firmly established in our life.
BASF The Chemical Company offers a portfolio of oil and gas, plastics, specialty, and fine chemicals, as well as the agricultural products.
BASF Societas Europaea stock price is subject to the observations of many traders in the world. At the beginning of 2019, BASF share price was 60,5 EUR.
Among the reasons to keep a close eye to the CFDs on BASF SE securities is the strong volatility that can be observed during the day-to-day trading sessions.
On this page, you can take a look at the BASF SE share price chart to make your own responsible decision to buy or to sell it on the FxPro trading platforms.
In order to trade shares successfully, be sure to follow corporate reports and actual data that are regularly published on the major news portals.
Also, keep a close eye to the Dividend calendar at the FxPro official website.
According to it, сlients, holding “Buy” positions on the ex-div date will receive a dividend in the form of a cash adjustment (deposit). Clients, holding “Sell” positions on the ex-div date will be charged the dividend amount in the form of a cash adjustment (withdrawal).
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