Investments and investor services
Plus500 Ltd boosts profits but costs weigh
Financial trading group reports continued recovery from problems
Company
LON:PLUS
Plus500 is a leading provider of Contracts for Difference (CFD’s), delivering trading facilities on shares, forex, commodities and indices, alongside innovative trading technology. Plus500 is owned by Plus500UK Ltd. A UK based company with its main offices located in the city of London. The company is authorised and regulated by the Financial Services Authority (FSA) to offer Contracts For Difference (CFD). The company is a rapidly growing CFD provider in Europe and Asia and currently offers its portfolio of over 1000 instruments to over a million clients.
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Investments and investor services
Financial trading group reports continued recovery from problems
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Investments and investor services
Financial trading group said Friday's volatility sparked record spread-bets and gains in customers
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Investments and investor services
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Investments and investor services
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Also covered: BHP Billiton, Centaur Media, Kingfisher, Reckitt Benckiser
Investments and investor services
The group, which also owns Homebase, could fetch up to £1bn according to reports
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Investments and investor services
Below are the main news-driven share price movements at 4pm.
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Investments and investor services
London's blue chips were led lower by miners after weak chinese data and downgrades from Societe Generale.
Investments and investor services
In the latest twist to Playtech's offer for troubled trading shop Plus500 (LON:PLUS), its largest shareholder with over 25%, said it would oppose the bid. The Playtech offer, unveiled on Monday, valued the Aim-quoted company at 400p a share
Investments and investor services
The FTSE 100 slipped back from this morning’s gains
Investments and investor services
Playtech is to buy Plus500 at a 48% discount to Plus500's share price two weeks ago after a dramatic fall from grace for the company.