London Stocks in Pence
retroartist
david at davidhollis.com
Fri Jan 13 05:43:53 EST 2012
Hello,
Although I have found some references to the issue of London stocks being
quoted in pence rather than pounds I have yet to find a workable solution.
With a typical London stock (say Lloyds - LLOY.L) the quote from Yahoo
Europe will be returned in pence while the currency is set in pounds.
GNUCash assumes the quote is in pounds and the stock becomes overvalued by a
factor of 100.... I have been unable to find a way of resolving this apart
from setting the stocks at 1/100 of their actual number which is less than
satisfactory... can anyone assist?
Regards,
retroartist
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