UK's CMC Markets tops FTSE mid-cap index after profit forecast hike
01/07/2026 09:29
BUZZ-UK's CMC Markets tops FTSE mid-cap index after profit forecast hike Updates pricing
** Shares of CMC Markets CMCX.L rose as much as 25% to a record high of 574p
** Stock is top percentage gainer on the FTSE mid-cap index .FTMC, which is up 0.3%
** Online trading platform raises FY2027 net operating income forecast to at least £550 mln ($728.26 million), from £460 mln-£480 mln expected earlier
** Co cites exponential growth in B2B business driving operational gearing and higher profit margins
** Stock has gained about 88% so far in 2026
($1 = 0.7552 pounds)
(Reporting by Judes Joseph in Bengaluru)