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CMCX CMC Markets News Story

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CMC Markets rises after profit forecast tops analyst estimates

BUZZ-CMC Markets rises after profit forecast tops analyst estimates

** Shares of British trading platform CMC Markets CMCX.L up 9.9% at 404.5 p

** Co expects 2027 operating profit between £460 million and £480 million ($617.64 million-$644.30 million), above company-compiled analyst expectations of £385.5 million

** Co says trading activity remained strong, supported by increased market volatility across its direct-to-consumer and business-to-business divisions

** YTD, stock has risen ~23%

($1 = 0.7450 pounds)


(Reporting by Tuhina in Bengaluru)

((tuhina@thomsonreuters.com))

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