Most of my client asking how to calculate their average purchase price if they purchased at different amount,different quantity on the same day and same counter.
For Example,
Below is the calculation for KNM shares based on your purchase price and quantity of units:
If you purchase 2 different purchase price and 2 different quantity units on the same day:
Purchase 100 units of KNM at RM2.03 on 26/07/2011
Purchase 2000 units of KNM at RM2.05 on 26/07/2011
100 units + 2000 units = 2100 units
100 units x RM2.03 = RM 203
2000 units x RM2.05 = RM 4100
TOTAL= RM 4303 (203 + 4100)
4303/2100 =
RM 2.049 (Your average purchase price of KNM)
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