10th Aug 2026 13:59
(Sharecast News) - FTSE 250 (MCX) 24,791.54 -0.25%
Plus500 shares jumped by 5% on Monday as the fintech kept its full-year outlook unchanged and delivered record interim revenues, although expenditure on US expansion saw profits edge ahead by 1%.
Revenue for the six months to June 30 rose 12% year on year to $462.9m while customer income jumped 24% to a five‑year high of $460.8m/ Core earnings were up 1% to $187.5m.
The group highlighted rapid scaling in the US, where it is expanding beyond its traditional over‑the‑counter trading business into futures and physical share dealing.
Non‑OTC revenue jumped 30% year‑on‑year to just under $70m, accounting for around 15% of total turnover, with the division on track to deliver about $140m for the year. Plus500 also unveiled a further $182.5m in shareholder returns, comprising a $100m buyback and $82.5m in dividends.
Vistry tumbled on Monday following a report that leading credit insurer Allianz Trade is reducing the cover it extends to suppliers of the housebuilder.
According to the Financial Times, which cited people familiar with the matter, the insurer warned suppliers in recent weeks that it is adjusting its credit limits for Vistry, which could result in cover being reduced by up to 70%. One of the sources said that the final level of cover provided will depend on Vistry's financial performance in the weeks ahead.
FTSE 250 - Risers
Plus500 Ltd (DI) (PLUS) 3,942.00p 5.22%
Oxford Nanopore Technologies (ONT) 131.00p 4.88%
THG (THG) 34.40p 2.63%
Chemring Group (CHG) 641.00p 2.23%
Ithaca Energy (ITH) 235.90p 1.95%
Watches of Switzerland Group (WOSG) 764.50p 1.93%
Oxford Instruments (OXIG) 2,938.00p 1.80%
Playtech (PTEC) 373.40p 1.63%
Edinburgh Worldwide Inv Trust (EWI) 251.50p 1.62%
North Atlantic Smaller Companies Inv Trust (NAS) 433.00p 1.41%
FTSE 250 - Fallers
Vistry Group (VTY) 260.60p -7.90%
WPP (WPP) 393.30p -4.23%
Globaldata (DATA) 84.80p -2.30%
International Workplace Group (IWG) 185.00p -2.11%
Aston Martin Lagonda Global Holdings (AML) 34.50p -1.99%
Rank Group (RNK) 100.80p -1.95%
Discoverie Group (DSCV) 819.00p -1.92%
Hansa Investment Company Limited (DI) (HAN) 328.00p -1.80%
Trustpilot Group (TRST) 292.60p -1.74%
Domino's Pizza Group (DOM) 202.00p -1.66%