Listed at the SIX Swiss Exchange (Stock Symbol: SIKA)
How to Open a Trading Account to Invest in How to Buy Sika Shares
Opening an investment account with an Online Broker is a process that is completed online and requires:
First, choose the broker that best fits you. Here, we present eToro as the main choice.
Upload an ID and a proof of address (electricity, water bills, etc.), through the Broker's App or via email.
Whether you open it with eToro or with another broker, make sure to choose the right base currency of the account. With some brokers, changing it once you open the account can be painful. Trading Accounts may be based in US Dollars (USD), Euros (EUR), Pound Sterling (GBP), Swiss Franc (CHF), Australian Dollar (AUD) as the base currency. Practically all of them offer the option in US Dollars or Euros.
Once the account has been approved by the Broker, it's time to deposit cash. The depositing and withdrawing money methods are usually Credit Cards, Bank Transfers or eWallets (PayPal, PaySafe, Skrill, SafetyPay, Neteller, among many others). The available options to deposit funds will depend on each Broker. A vital fact to mention is that all of the Brokers presented above allow you to use a simulator on their platform, that is, they allow testing their Demo account, which is totally Free. In other words, you can open a Demo account, try the platform, and then decide whether to deposit money or not.
Upon the capital is credited into your credited account, you may now buy the Stock.
Is it easy to invest in Sika Shares?
Online Brokers allow investing in Shares straightforwardly through optimized apps that grant easy and fast access to financial markets. In fact, most platforms resemble a social network or any other phone app: They are designed so that the investor can learn and start trading very quickly, without the need for much prior knowledge. Literally, to buy shares of Sika, you have to:
open a trading account as explained before,
Search for "Sika" on the Broker's Trading platform, and
press the "Buy" button.
And, done, you are officially investing in the co's shares.
Sika is a speciality chemicals company involved in developing and producing systems and products for bonding, sealing, reinforcing and protecting the building sector and the motor vehicle industry. The company has a workforce of more than 24,000 people and subsidiaries operating in 101 countries worldwide. Sika manufactures its products in over 300 factories around the world.
Sika won the Swiss Technology Award 2019 in the "Innovation Leaders" category, thanks to its new technology used in lightweight construction in transportation. That same year, the company announced that it is starting to operate a new mortar plant at its existing site in Addis Ababa, Ethiopia, which will help Sika expand its portfolio of locally manufactured products.
More than 900 employees carry out Sika's research activities at 20 global technology centres, 44 local and 20 regional research and development facilities.