Daniel Stewart turns a profit

Stockbroker Daniel Stewart had a decent second half to its financial year, turning a half-year loss into a full-year profit.

Stockbroker Daniel Stewart had a decent second half to its financial year, turning a half-year loss into a full-year profit.

Overall trading conditions in the UK small and mid-cap markets remain challenging, however, and the brokerage industry has experienced a period of consolidation as firms look to cut their coats according to their cloth.

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