Plus500 Trades at New All-Time Record High as Board Boosts Guidance

[kreslik.news]

Shares of Plus500 traded higher over 6 percent after the company posted an upbeat trading update. The firm’s board of directors has expressed confidence in the outlook and has effectively dismissed any concerns related to the coming implementation of new leverage rules starting from the beginning of July. 

The company which is providing forex and CFDs trading services to clients worldwide as expressed confidence that the financial performance of Plus500 for calendar 2018 will be materially stronger than previously expected.

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Plus500’s stock is trading circa all-time highs above 1700 pence, valuing the brokerage ... (read more)