Customer growth lifts Q3 revenues at Plus500, but margins fall
28th Oct 2024 07:25
(Sharecast News) - Online CFD trading platform Plus500 said it benefited from continued investments to attract new customers in the third quarter, as it reported a double-digit increase in revenue, though falling margins kept a lid on profit growth.
Read moreLondon close: Stocks make gains as ECB cuts rates
17th Oct 2024 15:21
(Sharecast News) - London stocks ended higher on Thursday, buoyed by strong gains in Rentokil and Entain, as investors digested the European Central Bank's rate cut and a wave of economic data from the US.
Read moreCanaccord Genuity downgrades Plus500 to 'hold'
17th Oct 2024 09:27
(Sharecast News) - Analysts at Canaccord Genuity downgraded capital markets business Plus500 from 'speculative buy' to 'hold' on Thursday but hiked their target price on the stock from 1,883.0p to 2,650.0p ahead of the group's Q3 trading update on 28 October.
Read morePlus500 kicks off fresh $110m share buyback
27th Aug 2024 11:13
(Sharecast News) - Multi-asset fintech firm Plus500 announced the launch of a share buyback programme valued at up to $110m on Tuesday.
Read moreLondon close: Stocks finish higher on quiet Monday
19th Aug 2024 14:29
(Sharecast News) - London's stock markets managed to close higher on Monday, reversing earlier losses despite a lack of significant corporate or macroeconomic news.
Read morePlus500 flags stronger full year after solid first half
19th Aug 2024 07:18
(Sharecast News) - Plus500 announced a strong set of interim results on Monday, with significant financial growth, as it lifted its full-year expectations.
Read moreLondon close: Stocks mixed as investors assess hung French parliament
8th Jul 2024 15:07
(Sharecast News) - London markets showed mixed performance on Monday as investors weighed the implications of a hung parliament in France.
Read morePlus500 backs FY expectations after 'strong' first half
8th Jul 2024 08:10
(Sharecast News) - Plus500 backed its full-year expectations on Monday after a "strong" first-half performance despite "difficult" market conditions.
Read morePlus500 tracks ahead of expectations in first quarter
16th Apr 2024 08:03
(Sharecast News) - Plus500 reported a solid first-quarter performance in an update on Tuesday, with the company tracking ahead of market expectations for the 2024 financial year.
Read moreLondon close: Stocks finish positive as US inflation moderates
29th Feb 2024 16:05
(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.
Read moreLondon close: Stocks finish lower on fresh China concerns
20th Feb 2024 15:29
(Sharecast News) - London's stock markets closed in negative territory on Tuesday, with concerns over China's economic prospects exerting pressure on mining shares.
Read moreLondon midday: Stocks mixed after China makes bigger rate cut
20th Feb 2024 11:20
(Sharecast News) - London's stocks were in a mixed state at midday on Tuesday, as concerns around China's economic outlook continued to weigh on mining stocks.
Read morePlus500 planning $175m shareholder returns as FY results beat expectations
20th Feb 2024 07:56
(Sharecast News) - Plus500 reported a fall in full-year earnings and revenue on Tuesday, but results were "significantly ahead" of market expectations and the online trading platform announced plans for $175m in shareholder returns.
Read moreLondon close: Stocks manage positive finish after mixed session
8th Jan 2024 16:38
(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.
Read morePlus500 revenues on track to beat forecasts
8th Jan 2024 07:04
(Sharecast News) - Online trading platform Plus500 said on Monday that full-year results would come in ahead of market expectations.
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