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CMC Markets shares drop despite strong first half performance and market conditions

CMC Markets shares fell 14.3% despite a strong first-half performance, with net operating income rising 45% to £177.4 million and a profit of £49.6 million. The decline follows a recent rally, even as the firm remains optimistic about meeting its full-year guidance amid increased market volatility. In contrast, rival IG Group reported a 30% rise in adjusted pre-tax profits, bolstered by improved trading conditions and a £50 million share buyback extension.
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British Pound Sterling IG Group Holdings plc CMC Markets Plc USA GBR Vivek Raja Breon Corcoran
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12:53 23.01.2025
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