Arcontech Group PLC (AIM:ARC) shares spiked 5% on Monday after the financial market data provider released a brief yet bullish trading update.
The group said it expects full-year profit before tax to come in 20% ahead of market expectations due to an uptick in usage of its products “by certain customers”.
Arcontech’s full-year results for the 12 months ended 30 June are expected to be announced in early September.
Shares were swapping for 93p at the time of writing.