CMC Markets rises after profit forecast tops analyst estimates
04/06/2026 08:55
BUZZ-CMC Markets rises after profit forecast tops analyst estimates Updates
** Shares of British trading platform CMC Markets CMCX.L jump as much as 19.56% to 440p, highest level since August 2021
** Stock top performer across all London stocks
** 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)