The AMP Ltd (ASX: AMP) share price has outperformed the S&P/ASX 200 Index (ASX: XJO) in the last week.
AMP shares have lifted 8.7% from 97.5 cents at market close on 14 March to $1.06 at the time of writing.
In comparison, the benchmark ASX 200 index has climbed 0.16% in the same time frame.
Let's take a look at how much I would have now if I had invested $5,000 in AMP shares a week ago.
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How much would I make from AMP shares?
AMP shares were fetching 97.5 cents a week ago. So if I had invested $5,000 into AMP shares at this price, I would have received 5,128 AMP shares.
However, now, AMP shares are trading at $1.06 at last look. This means, my shares would now be worth $5,435.68.
Therefore, my investment in AMP shares would have delivered me more than $400 in gains in just a week.
However, on the flip side, AMP shares have declined 19% in the year to date. If I had bought $5,000 worth of AMP shares at market close on 30 December 2022, I would have received 3,802 AMP shares at $1.315 apiece.
These would now be worth just $4,030.12, based on today's AMP share price. So I would have lost close to $1,000 on my investment.
Meanwhile, AMP revealed this week that the first stage of its sale of Collimate Capital's real estate and domestic infrastructure equity business to Dexus Property Group (ASX: DXS) will be complete on Friday. This will deliver about $337 million. However, final completion of the sale, set to bring in $50 million more, depends on regulatory approval from China.
Commenting on this sale, on Monday, AMP CEO Alexis George said:
The sale allows AMP to have a clear focus on our go forward businesses of retail banking and wealth management in Australia and New Zealand.
AMP share price snapshot
AMP shares have risen nearly 12% in the last year. But in the past month, they have descended 3%.
For perspective, the ASX 200 has shed 4% in the last year.
AMP has a market capitalisation of about $3.1 billion based on the current share price.
