Bourses operator London Stock Exchange reported a 'continued good operational performance' in the eleven months to February 29th and said it should meet expectations of strong results for the full-year.
Average daily equity value in the UK declined by 2% year-on-year, while Italian volumes rose 2%. Its pan-European trading venture Turquoise saw trading jump 54%.
Some £34.6bn in total equity was raised on its markets during the period, down from the £37.4bn the year before as a result of fewer new issues, 144 compared with 167.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Net treasury income, the interest LSE charges for deposits through its clearing business, has "remained strong" in the fourth quarter and is expected to beat third-quarter levels even after reductions in deposit interest rates achieved in March.
Shares were up 1.28% at 1,031p in early trading on Friday.
BC
-
Bitcoin price one of the most-asked questions on Alexa - here's how to buy the cryptocurrencyAccording to figures from Amazon, which cover September 2023 to November 2024, pop star Taylor Swift and Bitcoin were named among the most popular Alexa queries of 2024
-
Investing for children this Christmas – five ideasIt might not come with a shiny ribbon, but an investment fund could be the gift that keeps on giving. We share five ideas if you are investing for children this Christmas.
