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In an abrupt move on the London Stock Exchange this morning, shares of London Capital Group Holdings plc (LON:LCG) have increased by 50 per cent after the market open. The company has issued an announcement highlighting that there is no material reason for the move.
The Board of Directors of LCG has outlined that the volatility this morning is not a direct result of any material developments. The announcement has also reminded investors that the firm is looking to boost its regulatory capital in the coming weeks in order to take advantage of the new platform that it began offering since ... (read more)